OFFICE MARKET. Another Strong Quarter in Northern Virginia Strong demand coupled with rising rental rates. 28,200 jobs 12-months ending July 2018

Size: px
Start display at page:

Download "OFFICE MARKET. Another Strong Quarter in Northern Virginia Strong demand coupled with rising rental rates. 28,200 jobs 12-months ending July 2018"

Transcription

1 Q NORTHERN VIRGINIA OFFICE MARKET Another Strong Quarter in Strong demand coupled with rising rental rates OVERVIEW Vacancy Remains Unchanged as Rents Inch Higher Employment increased by 28,200 jobs in the during the 12 months ending July 2018, which is above the 5-year average of 18,300 jobs. The professional/business services sector led the way, adding 9,600 new jobs, of which the majority in this sector are office-using jobs. Following were the construction and education/health sectors with 6,000 and 3,300 new jobs, respectively. The office market had another healthy quarter. Net absorption totaled 1.3 million SF, and the direct vacancy rate remained at 15.3% at September The demand was attributable to several large leases and pre-leased deliveries. Asking rents expanded during the quarter as well, increasing to $31.95 PSF, up 0.2% from last quarter. At September 2018, the development pipeline measures 1.8 million SF, 37% of which is pre-leased. TRENDLINES 5-YEAR TREND JOB GROWTH Job Growth CURRENT QUARTER 28,200 jobs 12-months ending July msf Pre-leased deliveries drive absorption in Q3 DEMAND Demand Strong in Q3 Net absorption totaled just over 1.3 million SF in during the third quarter of Class A product registered exactly 1.3 million SF during the quarter, with B/C properties accounting for the balance. Net absorption was driven by pre-leased deliveries and leasing activity. Capital One Financial Corporation delivered their headquarters building in Tysons Corner. The 975,000 SF building was 100% pre-leased by the owner/occupier, Capital One. On the leasing side, Tysons Corner also captured most of the demand, with The Air Line Pilots Association leasing 103,700 SF at 7950 Jones Branch Drive. Other sizable leases include WeWork signing for 65,000 SF at 1201 Wilson Boulevard and Cerner signing for 38,100 SF at 1812 N. Moore Street in the RCB Corridor, UnitedHealth Group signing for 51,300 SF at 3160 Fairview Park in Merrifield, and Microsoft taking 45,300 SF at Sunset Hills Road in Reston. Herndon had the lowest levels of net absorption with negative 392,000 SF. This is in large part due to Time Warner vacating 211,800 SF at Sunrise Valley Drive and 140,100 SF at 2551 Dulles View Drive after being acquired by AT&T. Other sizable move-outs include Bechtel vacating 65,600 SF at Plaza America Drive in the Reston submarket and Accenture vacating 40,000 SF at Research Drive in the Loudoun submarket. The technology sector accounted for approximately 28% of new and re-let leasing activity in 2018 year to date, followed closely by government at 17%. Segmenting the substate by submarket, Tysons Corner and Crystal/Pentagon City had the greatest volume of leasing activity 2018 year to date, both at 19%, followed by the RCB Corridor at 17%. At 2 million SF, year-to-date net absorption has nearly surpassed 2017 total absorption of 2.2 million SF. This is significantly higher than the 5-year average of 622,600 SF. UNDER CONSTRUCTION RENTAL RATE 15.3 % Vacancy rate stable 1.8 msf Pipeline is 37% preleased $31.95 psf Rental rates edging up

2 Q NORTHERN VIRGINIA OFFICE MARKET Vacancy Stable in Q3 Contigous Block Analysis The office direct vacancy rate stayed unchanged at 15.3% during the third quarter at September NUMBER OF BUILDINGS - Q NUMBER OF BUILDINGS - Q The direct vacancy rate for Class A office product was 12.6% at September 2018, stable from last quarter. For Class B/C properties the vacancy rate also remained at 16.9% at September SUPPLY AND DEVELOPMENT Four Deliveries in Q3 with More on the Way There were four deliveries in during the third quarter of The two major deliveries were both 100% pre-leased deliveries at Capital One Drive in Tysons Corner and 3443 Historic Sully Way in the Rt. 28 South/Chantilly Submarket. Capital One leased all 975,000 SF at Capital One Drive, while an undisclosed GSA tenant took all 480,000 SF at 3443 Historic Sully Way. There is approximately 1.8 million SF of office space under construction at September 2018, of which 37% is pre-leased. Tysons Corner has the greatest volume of development activity at September 2018 with over 581,500 SF under construction. Approximately 28% of the Tysons Corner pipeline is pre-leased. Loudoun County has the second-most development in with 295,000 SF under construction Office Under Construction Q SUBMARKET ,000 SF 20,000 SF 50,000 SF 100,000 SF SQUARE FEET % PRE-LEASED RCB Corridor 240,000 51% Crystal/Pentagon City 100, % Old Town 58,460 3% Eisenhower Ave Corridor 30,000 0% Reston 186,457 6% RENTAL RATES Gradual Growth for all Classes of Space Average asking rents edged up 0.2% to $31.95 PSF during the third quarter of 2018, expanding from $31.90 PSF last quarter. Class B/C properties grew to $29.07 PSF from $28.82 PSF last quarter. Class A rates grew slightly from $35.23 PSF to $35.40 PSF. Tysons Corner 581,775 28% Rt. 28 South/Chantilly 240, % Loudoun County 295,000 3% Prince William County 87,294 27% Total 1,818,986 37% Concession packages are elevated. For a typical 10-year or greater term for a new lease signed since the start of 2018, tenant improvement allowances averaged around $85 PSF with 12.9 months of free rent. This compares to $80 PSF and 14 months during Average Office Rents $36 Class A Overall Class B/C $34 $32 $30 $28 $26 $ Q Q NORTHERN VIRGINIA OFFICE MARKET 2

3 Q NORTHERN VIRGINIA OFFICE MARKET INVESTMENT SALES Class B/C Accounts for Majority of Sales investment sales activity totaled $1.8 billion, or $252 PSF, across 55 transactions in 2018 year to date. Continuing a trend from 2017, Class B/C office properties accounted for most of the sales. The most notable sale so far this year was 1300 N. 17th Street selling for $250 million, or $629 PSF. WRIT acquired the RCB Corridor asset from Tishman Speyer during the first quarter. The largest transaction in the third quarter was the sale of the Campus at Sunrise (11130/11180/11190 Sunrise Valley Drive) in Reston. Bridge Investment Group acquired the property from Grosvenor Americas, LTD for $54,000,000, or $213 PSF. Tysons Corner and the RCB Corridor attracted the greatest investor interest in 2018 so far out of all the submarkets, each accounting for 22% of transactions year to date. Average Office Sales PSF $300 $250 $200 $150 $100 $50 $ YTD 2018 SOURCE: CoStar, Tranwestern Notable Q3 Lease Transactions TENANT DEAL TYPE ADDRESS SUBMARKET SQUARE FEET U.S. Drug Enforcement Administration Renewal Army Navy Drive Crystal/Pentagon City 511,500 Air Line Pilots Association New Lease 7950 Jones Branch Drive Tysons Corner 103,700 WeWork New Lease 1201 Wilson Boulevard RCB Corridor 65,000 UnitedHealth Group New Lease 3160 Fairview Park Merrifield 51,300 Microsoft Corporation New Lease Sunset Hills Road Reston 45,300 Cerner New Lease 1812 N Moore Street RCB Corridor 38,100 Deloitte New Lease 1919 N Lynn Street RCB Corridor 29,800 SOURCE: CoStar, County Newsletters, Washington Business Jounral, Washington Post, Transwestern OUTLOOK Gradual Recovery to Continue We anticipate business and employment counts will continue to grow. Through 2022, we project average annual job growth of 22,300, representing half of new positions created throughout the Washington metro area. Most of this growth will occur during 2018 and We expect the health care/social assistance, professional/scientific/technical, and accommodation/food service sectors to fuel job growth in the period ahead. We expect leasing activity will progress at a steady pace during the balance of Although we expect tenant trends towards efficiency through densification and consolidation to continue, it should occur at a lesser rate than in the recent past. New office product coming online in competitive submarkets, such as Tysons Corner and the RCB Corridor, will command top-of-market asking rents. However, older buildings in less competitive submarkets will continue to see stubbornly high vacancy rates, dampening the rates for the substate overall. Landlords will likely continue to use robust concessions packages as a means of recruiting and retaining tenants, making this economic cycle s recovery more measured than those experienced historically. The region, particularly, is awaiting Amazon s HQ2 location announcement by the end of the year. If awarded to Northern Virginia, it will be a game changer for this substate and the region as a whole. We project the overall vacancy rate (inclusive of sublease space) to edge down slightly through year-end 2019, hovering around the mid-15%, compared to today s overall vacancy rate of 16.1%. We expect asking rents will edge up 2% to 3% during Q NORTHERN VIRGINIA OFFICE MARKET 3

4 Q NORTHERN VIRGINIA OFFICE MARKET Office Market Indicators PROPERTY CLASS INVENTORY SF OVERALL UNDER CONSTRUCTION Q YTD 2018 AVERAGE RATE PSF Class A 71,918,780 9,091, % 13.5% 1,788,692 1,288,000 2,112,000 $35.40 Class B/C 123,744,206 20,874, % 17.6% 30,294 64,000 (45,000) $29.07 Total 195,662,986 29,966, % 16.1% 1,818,986 1,354,000 2,070,000 $31.95 Office Market Indicators - All Space SUBMARKET INVENTORY SF OVERALL UNDER CONSTRUCTION Q YTD 2018 AVERAGE RATE PSF RCB Corridor 24,879,474 4,602, % 20.3% 240, , ,000 $43.98 Crystal City/Pentagon City 14,098,585 2,157, % 15.5% 100,000 (42,000) 254,000 $35.79 Old Town 8,389, , % 10.0% 58,460 (8,000) (8,000) $33.05 Eisenhower Ave Corridor 9,057,501 1,440, % 16.1% 30,000 45,000 (34,000) $32.67 Springfield/Huntington/I-95 8,030,384 1,606, % 20.2% 0 8,000 (40,000) $28.35 Bailey's/Falls Church/Annandale 7,382,823 2,207, % 30.1% 0 (7,000) (126,000) $29.47 Merrifield 9,247,243 1,202, % 13.7% 0 46,000 (92,000) $30.17 Reston 19,096,487 2,081, % 11.6% 186,457 (76,000) (119,000) $30.78 Herndon 12,253,982 2,230, % 19.6% 0 (392,000) (233,000) $29.48 Tysons Corner 30,188,079 3,864, % 13.5% 581,775 1,025,000 1,242,000 $34.82 McLean/Vienna 2,436, , % 10.3% 0 15,000 12,000 $34.57 Oakton/Fairfax City 5,840, , % 15.0% 0 (6,000) (29,000) $24.85 Fairfax Center 7,548,110 1,645, % 23.0% 0 15, ,000 $25.31 Rt. 28 South/Chantilly 14,367,593 2,083, % 15.8% 240, , ,000 $26.66 Loudoun County 16,287,417 2,052, % 13.1% 295, , ,000 $24.61 Prince William County 6,559, , % 13.8% 87,294 (58,000) (19,000) $23.15 Total 195,662,986 29,966, % 16.1% 1,818,986 1,354,000 2,070,000 $31.95 CONTACT Elizabeth Norton Managing Research Director Mid-Atlantic Jack Blaine Research Associate Mid-Atlantic METHODOLOGY The information in this report is the result of a compilation of information on office properties located in the Washington metro area. This report includes single-tenant, multi-tenant and owner-user properties and excludes properties owned and occupied by a government agency. Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service the Transwestern Experience. Specializing in Agency Leasing, Tenant Advisory, Capital Markets, Asset Services and Research, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 35 U.S. offices and assists clients through more than 211 offices in 36 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com Copyright 2018 Transwestern. All rights reserved. No part of this work may be reproduced or distributed to third parties without written permission of the copyright owner. The information contained in this report was gathered by Transwestern from various primary and secondary sources believed to be reliable. Transwestern, however, makes no representation concerning the accuracy or completeness of such information and expressly disclaims any responsibility for any inaccuracy contained herein. Q NORTHERN VIRGINIA OFFICE MARKET 4

5 Q NORTHERN VIRGINIA INDUSTRIAL MARKET Market Strengthened by High Demand in Q3 Strong demand and stable vacancy rate OVERVIEW Mid-Sized Deals Drive Absorption Employment increased by 28,200 jobs in the during the 12 months ending July 2018, which is above the 5-year average of 18,300 jobs. The professional/business services sector led the way, adding 9,600 new jobs. Following were the construction and education/ health sectors with 6,000 and 3,300 new jobs, respectively. industrial market conditions strengthened in the third quarter of Net absorption totaled 234,000 SF and the direct vacancy rate declined 20 basis points to 7.2% at September The most recent quarter s vacancy rate is a 20 basis point increase over the third quarter of Industrial asking rents were unchanged this quarter at $9.77 PSF, but are up 3.7% year to date. TRENDLINES 5-YEAR TREND JOB GROWTH CURRENT QUARTER 28,200 jobs 12-months ending July ,000 sf Strong Q3 for absorption DEMAND Fourth Straight Quarter of Positive Absorption industrial net absorption was 234,000 SF during the third quarter of The demand this quarter comes from a healthy amount of mid-sized leasing activity. Notable leases include Tapestry Solutions signing for 53,500 SF at Shaw Road and JE Richards signing for 22,750 at Glenn Drive, both in the Dulles Corridor submarket. A handful of notable move-outs offset the demand slightly in the third quarter of Universal Dynamics vacated 53,300 SF at Dabney Road in Prince William County, and Metro Air Service left 20,400 SF at Old Ox Road in the Dulles Corridor. Bulk warehouse net absorption was 168,000 SF, accounting for most of the absorption among the three industrial property types this quarter. Flex/warehouse registered 49,000 SF net absorption, and flex/r&d had the lowest net absorption by property type in the third quarter with just 16,000 SF. By submarket, Dulles Corridor captured the most leasing year to date, with 43% of deals signed in this submarket. The I-95 Corridor captured the second-most with 36% of the region s leasing activity year to date. Year-to-date net absorption of 663,000 SF year is already nearly double 2017 total net absorption of 395,000 SF. However, this is still slightly below the 5-year average of 935,200 SF. UNDER CONSTRUCTION RENTAL RATE 7.2 % Vacancy dips during Q3 1.7 msf Pipeline is 54% preleased $9.77 psf Rates unchanged in Q3

6 Q NORTHERN VIRGINIA INDUSTRIAL MARRKET Vacancy Down Slightly The direct vacancy rate registered at 7.2% at September 2018, down 20 basis points from last quarter. Flex/warehouse had the lowest direct vacancy among industrial property types, with 7% at September Bulk warehouse ended the quarter with 7.4%, while flex/r&d had the highest direct vacancy with 8.8%. SUPPLY AND DEVELOPMENT One Delivery in Dulles Corridor One industrial property delivered in during the third quarter of 2018 in the Dulles Corridor submarket. Broad Street Equities delivered a 77,700 SF bulk warehouse building at Ladbrook Drive. The building was 100% pre-leased to A & A Transfer. Industrial Under Construction Q SUBMARKET Industrial Under Construction SQUARE FEET % PRE-LEASED I-95 Corridor 190, % Dulles Corridor 1,322,090 67% Prince William County 169,600 11% Total 1,682,067 54% There is 1.7 million SF of industrial product under construction at the third quarter of 2018, of which 54% is pre-leased. RENTAL RATES Rents Unchanged in Q3 Asking rents were $9.77 PSF in the third quarter, unchanged from the quarter prior. Rent growth was strong in bulk warehouse building type, up 2.4% to $8.44 PSF. Flex/warehouse dropped 60 basis points to $9.96 PSF and flex/r&d declined 70 basis points to $13.53 PSF. Although industrial asking rents were flat during the third quarter, rents have increased 3.7% year to date. This is ahead of the 1.7% growth achieved during Q Average Industrial Rents Bulk Warehouse $15 $14 $13 $12 $11 $10 $9 $8 $7 Flex/Warehouse Flex/R&D $ Q WHY OUR METHODOLOGY IS THE BEST INDICATOR OF CURRENT MARKET CONDITIONS We include owner occupied and single-tenant buildings in our inventory, vacancy and absorption statistics to capture more market activity than many of our competitors. This allows us to better correlate changes in the market with changes in employment. As single-tenant space does compete with multi-tenant space, we believe it is critical to understand all components of the market. The inclusion of single-tenant and owner-occupied space tends to yield lower vacancy rates and higher absorption totals than some of our competitors results, but our coverage of the market is more comprehensive. Q NORTHERN VIRGINIA INDUSTRIAL MARKET 2

7 Q NORTHERN VIRGINIA INDUSTRIAL MARRKET INVESTMENT SALES Investors Target Bulk Warehouse Assets Two notable industrial sales occurred in during the third quarter of These transactions were in the I-95 and Dulles Corridors. The largest deal of the quarter was the sale of 8600 Cinder Bed Road to Lanihau Properties. The Hawaiian commercial real estate investment company bought the building from Miller s Office Products for $9.2 million, or $141 PSF. Year to date, sales volume has totaled $275 million, or $123 PSF, with most activity in flex/warehouse assets. This compares to $324 million, or $108 PSF, during all of Average Industrial Sales PSF Area $160 $140 $120 $100 $80 $60 $40 $20 $ YTD 2018 OUTLOOK Market Fundamentals to Strengthen We anticipate business and employment counts will continue to grow. Through 2022, we project average annual job growth of 22,300, representing half of new positions created throughout the Washington metro area. Most of this growth will occur during 2018 and We expect the health care/social assistance, professional/scientific/technical, and accommodation/food service sectors to fuel job growth in the period ahead. We anticipate strong demand for industrial product will continue through 2019 due to the region s affluent demographics, strategic location along the East Coast, and proximity to Washington, D.C. These factors, in conjunction with rapid e-commerce growth, will result in improvements to industrial market fundamentals. We anticipate declines in the overall vacancy rate from 7.3% today to the high-6% range by December Declines in area vacancy rates should be accompanied by increases in asking rent, which we project to grow 3.5% to 4.5% for 2018, with select submarkets seeing spikes in rent. With positive conditions, as well as an oversupply of obsolete product and undersupply of newer inventory, we expect developers may break ground in select locations where the land value pencils out. Consistently strong demand for efficient properties with superior trailer loading, clear heights, column spacing, and parking, however, suggests vacancy rates will remain below historical levels in the near- to intermediate-term. Notable Q3 Lease Transactions TENANT DEAL TYPE ADDRESS SUBMARKET SQUARE FEET Tapestry Solutions New Lease Shaw Road I-95 Corridor 53,500 Cosmos Granite Renewal 3900 Stonecroft Boulevard Dulles Corridor 47,300 JE Richards New Lease Glenn Drive Dulles Corridor 39,700 Micron New Lease B Dean Drive Prince William County 24,600 The Bowers Group New Lease Ladbrook Drive Dulles Corridor 21,300 Medliminal New Lease Innovation Drive Prince William County 17,400 DPR Construction New Lease 8397 Terminal Road I-95 Corridor 15,200 SOURCE: CoStar, County Newsletters, Washington Business Jounral, Washington Post, Transwestern Q NORTHERN VIRGINIA INDUSTRIAL MARKET 3

8 Q NORTHERN VIRGINIA INDUSTRIAL MARRKET Industrial Market Indicators SUBMARKET INVENTORY SF OVERALL UNDER CONSTRUCTION Q YTD 2018 AVERAGE RATE PSF Bulk Warehouse 304, % 0.0% N/A Flex/Warehouse 3,180, , % 6.9% 0 24,000 (9,000) $13.16 Flex/R&D 366,459 46, % 12.8% 0 (1,000) 5,000 $13.55 Beltway (I-495) 3,851, , % 6.9% 0 23,000 (4,000) $13.20 Bulk Warehouse 4,748, , % 3.0% 190,377 28,000 28,000 $9.18 Flex/Warehouse 19,184,932 1,272, % 6.6% 0 (6,000) 19,000 $9.03 Flex/R&D 1,210, , % 9.8% 0 2,000 2,000 $14.01 I-95 Corridor 25,143,635 1,533, % 6.1% 190,377 25,000 50,000 $9.30 Bulk Warehouse 70, % 0.0% N/A Flex/Warehouse 1,575, , % 10.7% 0 (21,000) (12,000) $15.12 Flex/R&D 592,480 79, % 13.5% 0 12,000 21,000 $14.17 Reston/Herndon 2,238, , % 11.1% 0 (9,000) 9,000 $14.86 Bulk Warehouse 11,555, , % 7.1% 709, , ,000 $8.38 Flex/Warehouse 22,311,993 1,890, % 8.7% 612,360 93, ,000 $11.07 Flex/R&D 2,181, , % 6.8% 0 4,000 37,000 $13.37 Dulles Corridor 36,049,385 2,847, % 8.1% 1,322, , ,000 $10.35 Bulk Warehouse 5,559, , % 12.4% 139,000 22,000 52,000 $7.94 Flex/Warehouse 13,702, , % 5.0% 30,600 (41,000) 59,000 $8.11 Flex/R&D 333,066 16, % 4.9% 0 (1,000) 0 $11.65 Prince William County 19,595,125 1,371, % 7.1% 169,600 (20,000) 111,000 $8.12 Bulk Warehouse 22,239,702 1,640, % 7.4% 1,039, , ,000 $8.44 Flex/Warehouse 59,954,560 4,174, % 7.2% 642,960 49, ,000 $9.96 Flex/R&D 4,684, , % 8.8% 0 16,000 65,000 $13.53 Total 86,878,468 6,225, % 7.3% 1,682, , ,000 $9.77 CONTACT Elizabeth Norton Managing Research Director Mid-Atlantic Jack Blaine Research Associate Mid-Atlantic METHODOLOGY The information in this report is the result of a compilation of information on industrial properties located in the Washington metro area. This report includes single-tenant, multi-tenant and owner-user properties and excludes properties owned and occupied by a government agency. Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service the Transwestern Experience. Specializing in Agency Leasing, Tenant Advisory, Capital Markets, Asset Services and Research, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 35 U.S. offices and assists clients through more than 211 offices in 36 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com Copyright 2018 Transwestern. All rights reserved. No part of this work may be reproduced or distributed to third parties without written permission of the copyright owner. The information contained in this report was gathered by Transwestern from various primary and secondary sources believed to be reliable. Transwestern, however, makes no representation concerning the accuracy or completeness of such information and expressly disclaims any responsibility for any inaccuracy contained herein. Q NORTHERN VIRGINIA INDUSTRIAL MARKET 4

NORTHERN VIRGINIA OFFICE MARKET

NORTHERN VIRGINIA OFFICE MARKET REAL ESTATE OUTLOOK NORTHERN VIRGINIA OFFICE MARKET Office market fundamentals mixed in Q1 Negative absorption accompanied by an increase in rents During the first three months of 2017, Northern Virginia

More information

Dropbox, Inc. signed a 736,000 SF lease in San Francisco s Mission Bay making it the single largest lease in the city s history.

Dropbox, Inc. signed a 736,000 SF lease in San Francisco s Mission Bay making it the single largest lease in the city s history. FOURTH QUARTER 2017 U.S. TRENDLINES 5-Year Trend Current Quarter VACANCY ABSORPTION 11.5% Lowest in 10 years 13.4 MSF All signs point to continued growth 31 quarters of More tenants positive seeking growth

More information

F O U R T H Q U A R T E R

F O U R T H Q U A R T E R FOURTH QUARTER 2018 U.S. TRENDLINES 5-Year Trend Current Quarter UNEMPLOYMENT RATE 3.9% Strongest quarter for job gains in 2018 RETAIL SALES All signs GROWTH point to continued growth More tenants seeking

More information

S E C O N D Q U A R T E R

S E C O N D Q U A R T E R SECOND QUARTER 2018 U.S. TRENDLINES 5-Year Trend VACANCY Current Quarter ABSORPTION All signs point to continued growth More tenants seeking spaces than 8 consecutive years availabilities - of especially

More information

BOSTON OFFICE MARKET. Inside... FIRST QUARTER 2017 OFFICESTATUS FINANCIAL DISTRICT BOSTON

BOSTON OFFICE MARKET. Inside... FIRST QUARTER 2017 OFFICESTATUS FINANCIAL DISTRICT BOSTON BOSTON OFFICE MARKET FIRST QUARTER 2017 OFFICESTATUS FINANCIAL DISTRICT BOSTON Inside...»»Tenants absorb 224,000 square feet during the first quarter of 2017.»»Class A product in Boston CBD contributed

More information

INDUSTRIAL LEASE STATISTICS 6.0% 5.5% 5.0% 4.5% 4.0% 3.5% 3.0% Q2 13 Q3 13 Q4 13

INDUSTRIAL LEASE STATISTICS 6.0% 5.5% 5.0% 4.5% 4.0% 3.5% 3.0% Q2 13 Q3 13 Q4 13 MARKET WATCH HOUSTON INDUSTRIAL AUGUST 0 RECENT INDUSTRIAL LEASES East-Southeast Far :: Packwell,000 SF renewal and expansion at Bayport Distribution Center Northwest Near :: Dal-Tile Distribution 37,9

More information

Office Market Begins to Rebound in 2018 After 4 Years of Lackluster Leasing Activity

Office Market Begins to Rebound in 2018 After 4 Years of Lackluster Leasing Activity RESEARCH AND FORECAST REPORT - BAKERSFIELD, CALIFORNIA MID-YEAR 218 Office Market Begins to Rebound in 218 After 4 Years of Lackluster Leasing Activity Large blocks of sublease space and excess oil company

More information

Life Sciences Outlook. Westchester County 2016

Life Sciences Outlook. Westchester County 2016 Life Sciences Outlook Westchester County 2016 Westchester County Just a short distance from Manhattan, Westchester County is an ideal location to many firms looking to attract and retain talent. The access

More information

VACANCY DECREASES TO 3.4%; RENTS UP 3.5%

VACANCY DECREASES TO 3.4%; RENTS UP 3.5% INDUSTRIAL Q3 2017 MARKET SUMMARY San Francisco & Peninsula VACANCY DECREASES TO 3.4%; RENTS UP 3.5% Industrial space available for lease or sale remains in high demand in the San Francisco marketplace.

More information

OFFICE MARKET. DFW Office Market Continues to Show Solid Improvements Office rental rates are at an all time high

OFFICE MARKET. DFW Office Market Continues to Show Solid Improvements Office rental rates are at an all time high Q2 2018 DALLAS-FORT WORTH OFFICE MARKET DFW Office Market Continues to Show Solid Improvements Office rental rates are at an all time high OVERVIEW Dallas-Fort Worth Labor Market Remains Tight Texas economy

More information

TRANSWESTERN TRANSWESTERN TRANSWESTERN TRANSWESTERN. NAIOP Presentation p. 1

TRANSWESTERN TRANSWESTERN TRANSWESTERN TRANSWESTERN. NAIOP Presentation p. 1 2 0 1 8 TRANSWESTERN TRANSWESTERN TRANSWESTERN TRANSWESTERN NAIOP Presentation p. 1 INTRODUCTION TO PREPARED FOR NORTHERN VIRGINIA CHAPTER July 11, 2018 A POWERFUL COMBINATION OF DIVERSE, INTEGRATED REAL

More information

LEASE RATES UP 5.5%; WAREHOUSE VACANCY 2.9%

LEASE RATES UP 5.5%; WAREHOUSE VACANCY 2.9% SAN FRANCISCO INDUSTRIAL Q1 2017 MARKET SUMMARY: LEASE RATES UP 5.5%; WAREHOUSE VACANCY 2.9% The San Francisco overall industrial market ended Q1 2017 with vacancies at 3.4% (548,790 sf negative absorption),

More information

HOUSTON INDUSTRIAL MARKET

HOUSTON INDUSTRIAL MARKET REAL ESTATE OUTLOOK HOUSTON INDUSTRIAL MARKET FIRST QUARTER 8 Industrial Market Continues Push Forward Construction Pipeline Nears 8. million SF OV E R V I E W Keep Market Strong The Houston industrial

More information

FOR SUBLEASE th Street SW. Property Highlights. Property Details. Sublease Details. FOR SUBLEASE: 606-4th Street SW

FOR SUBLEASE th Street SW. Property Highlights. Property Details. Sublease Details. FOR SUBLEASE: 606-4th Street SW FOR SUBLEASE 606-4th Street SW Property Highlights Furniture potentially available Abundant parking options Excellent views throughout the space Recently built-out FULLY IMPROVED B CLASS PROPERTY +15 connected

More information

West Los Angeles Office Market Report

West Los Angeles Office Market Report FIRST QUARTER 2015 West Los Angeles Office Market Report Partnership. Performance. www.avisonyoung.com FIRST QUARTER 2015 New Jersey West Los Angeles Office Market Report Partnership. Performance. Market

More information

Improving local economy boosts quarterly results

Improving local economy boosts quarterly results MARKETVIEW San Diego Office, Q1 21 Improving local economy boosts quarterly results Vacancy Rate Net Absorption Construction Lease Rate 13.1% 233,3 sq. ft. 37,4 sq. ft. $2.4 FSG Figure 1: Net Absorption

More information

FOR SUBLEASE. ELVEDEN HOUSE 717-7th AVENUE SW FULLY IMPROVED B CLASS PROPERTY. FOR SUBLEASE: ELVEDEN HOUSE 717-7th AVENUE SW

FOR SUBLEASE. ELVEDEN HOUSE 717-7th AVENUE SW FULLY IMPROVED B CLASS PROPERTY. FOR SUBLEASE: ELVEDEN HOUSE 717-7th AVENUE SW FOR SUBLEASE ELVEDEN HOUSE 717-7th AVENUE SW FULLY IMPROVED B CLASS PROPERTY Devencore (Alberta) Ltd. Suite 1010, 736 6th Avenue S.W. Calgary, Alberta, T2P 3T7 Agron Miloti President, Broker 403.531.4336

More information

Life Sciences Outlook. New York City 2016

Life Sciences Outlook. New York City 2016 Life Sciences Outlook City 2016 City is emerging as a leading destination for biotech startups and the larger life sciences industry. Investors have committed millions of dollars throughout the city and

More information

AUSTIN ECONOMY MARKET WATCH

AUSTIN ECONOMY MARKET WATCH REAL ESTATE OUTLOOK AUSTIN ECONOMY MARKET WATCH MARCH 2016 Austin Employment By Industry (Trailing 12 Months) INDUSTRY (NON FARM) JAN 2016 JAN 2015 % GROWTH Mining, Logging & Construction 58,700 52,900

More information

Office. Scott Savacool, SIOR, CCIM Sansone Group

Office. Scott Savacool, SIOR, CCIM Sansone Group Office Scott Savacool, SIOR, CCIM Sansone Group Office Committee Jim Mosby, SIOR, CCIM Senior Managing Director, Principal, Cassidy Turley Chris Fox, SIOR, CCIM Executive Vice President, Gershman Commercial

More information

Israel Venture Capital Investments Report Q3 2017

Israel Venture Capital Investments Report Q3 2017 Israel Venture Capital Investments Report Q3 2017 NOVEMBER 2017 Summary of Israeli Venture Capital Raising Q3/2017 +14% from Q2/2017 Israeli high-tech capital raising summed up to $1.44B @ ALL RIGHTS RESERVED.

More information

Life Sciences. An evolving industry: Today s clusters creating tomorrow s breakthroughs. New Jersey JLL Research

Life Sciences. An evolving industry: Today s clusters creating tomorrow s breakthroughs. New Jersey JLL Research Life Sciences New Jersey 2017 An evolving industry: Today s clusters creating tomorrow s breakthroughs JLL Research 2 New Jersey Over the course of the past 130 years, the pharmaceutical/life sciences

More information

PACIFIC CENTER COURT. san diego, california EXECUTIVE SUMMARY AN EXCEPTIONAL REPOSITIONING OPPORTUNITY

PACIFIC CENTER COURT. san diego, california EXECUTIVE SUMMARY AN EXCEPTIONAL REPOSITIONING OPPORTUNITY AN EXCEPTIONAL REPOSITIONING OPPORTUNITY 10455 san diego, california Holliday GP Corp. ( HFF ), a California licensed real estate broker, California License #01385740 10455 INVESTMENT ADVISORY TEAM NICK

More information

Houston s industrial market added 11.2M SF of new inventory and absorbed 9M SF in 2018

Houston s industrial market added 11.2M SF of new inventory and absorbed 9M SF in 2018 Research & Forecast Report HOUSTON INDUSTRIAL Houston s industrial market added 11.2M SF of new inventory and absorbed 9M SF in 2018 Lisa Bridges Director of Market Research Houston Houston s industrial

More information

Silicon Valley Venture Capital Survey Second Quarter 2018

Silicon Valley Venture Capital Survey Second Quarter 2018 fenwick & west Silicon Valley Venture Capital Survey Second Quarter 2018 Full Analysis Silicon Valley Venture Capital Survey Second Quarter 2018 fenwick & west Full Analysis Cynthia Clarfield Hess, Mark

More information

High sale volume as investors capitalize on hot office market

High sale volume as investors capitalize on hot office market MARKETVIEW San Diego Office, Q3 21 High sale volume as investors capitalize on hot office market Vacancy Rate Net Absorption Construction Lease Rate 13.4% 16,66 sq. ft. 337,3 sq. ft. $2.9 FSG Figure 1:

More information

RETAIL MARKET. Houston Retail Continues to Thrive Job Growth Reaches 9,100 Year-Over-Year. 9,100 jobs Retail jobs gained year-over-year

RETAIL MARKET. Houston Retail Continues to Thrive Job Growth Reaches 9,100 Year-Over-Year. 9,100 jobs Retail jobs gained year-over-year Q 08 HOUSTON RETAIL MARKET Houston Retail Continues to Thrive Job Growth Reaches 9,0 Year-Over-Year OVERVIEW Market Fundamentals Remain Strong The Houston retail sector continues its positive push as vacancy

More information

2Q 15. Long Island Market Report

2Q 15. Long Island Market Report 2Q 15 Long Island Market Report Long Island Office 2Q 215 Long Island 2Q15 Office Office Report The Long Island office market ended the 2nd quarter 215 with an decreased vacancy rate of 8.2%. The vacancy

More information

Rental Rate: - Availability: Suite 5162: 9,160 SF Average of 90 truck court radius

Rental Rate: - Availability: Suite 5162: 9,160 SF Average of 90 truck court radius FOR LEASE 2 5200-5228 Warehouse Space 3 5230-5256 Van Dorn Street 1 5150-5184.25 Miles to Metro (Walking Distance) Eisenhower Ave Vacancies Park Overview Built to accommodate a broad range of requirements,

More information

Life Sciences Outlook

Life Sciences Outlook Life Sciences Outlook Raleigh- 2013-2014 Mid-tier biotech and specialty pharmaceuticals drive demand Across North America, activity and demand within the life sciences industry seems to have shifted from

More information

Life Sciences. An evolving industry: Today s clusters creating tomorrow s breakthroughs. Long Island JLL Research

Life Sciences. An evolving industry: Today s clusters creating tomorrow s breakthroughs. Long Island JLL Research Life Sciences Long Island 2017 An evolving industry: Today s clusters creating tomorrow s breakthroughs JLL Research Suffolk County Stony Brook University serves as an integral part of the research corridor

More information

Silicon Valley Venture Capital Survey Third Quarter 2017

Silicon Valley Venture Capital Survey Third Quarter 2017 fenwick & west Silicon Valley Venture Capital Survey Third Quarter 2017 Full Analysis Silicon Valley Venture Capital Survey Third Quarter 2017 fenwick & west Full Analysis Cynthia Clarfield Hess, Mark

More information

Dollar Tree for Sale N. Monroe St. Tallahassee, FL

Dollar Tree for Sale N. Monroe St. Tallahassee, FL Dollar Tree for Sale 3706 N. Monroe St. Tallahassee, FL Table of Contents FOR FURTHER INFORMATION Joe Boyd office 843.973.8283 mobile 843.906.7751 email joe@twinriverscap.com 3706 N. Monroe St. Tallahassee,

More information

Dollar Tree for Sale N. Monroe St. Tallahassee, FL. Representative Photo

Dollar Tree for Sale N. Monroe St. Tallahassee, FL. Representative Photo Dollar Tree for Sale 3706 N. Monroe St. Tallahassee, FL Representative Photo Table of Contents FOR FURTHER INFORMATION Joe Boyd office 843.973.8283 mobile 843.906.7751 email joe@twinriverscap.com 3706

More information

Life Sciences Outlook. Long Island 2016

Life Sciences Outlook. Long Island 2016 Life Sciences Outlook Long Island 2016 Long Island The Long Island life sciences landscape will continue to fuel the economy as firms emerge from Cold Spring Harbor Laboratory in Nassau County, as well

More information

ECONOMIC SNAPSHOT. A Summary of the San Diego Regional Economy UNEMPLOYMENT

ECONOMIC SNAPSHOT. A Summary of the San Diego Regional Economy UNEMPLOYMENT A Summary of the San Diego Regional Economy UNEMPLOYMENT San Diego Regional EDC analyzes key economic metrics that are important to understanding the regional economy and San Diego's standing relative

More information

1Q Leasing Activity 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 $25 1,000,000 $24 (1,000,000)

1Q Leasing Activity 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 $25 1,000,000 $24 (1,000,000) Market Report NEW JERSEY OFFICE 1Q 217 Accelerating success. ± % $ MSF Absorption SF 1Q 217 Quarter-to- Quarter Change Year-to- Year Change YTD 216 2,412,942-5.1% -5.4% 2,412,942 (672,64) 32,261 (777,437)

More information

Chicago CBD 4.3% 5.5 MSF 2.5 MSF. $680 Million 1.74 MSF. Market Facts. Economic Overview. Second Quarter 2018 Office Market Report

Chicago CBD 4.3% 5.5 MSF 2.5 MSF. $680 Million 1.74 MSF. Market Facts. Economic Overview. Second Quarter 2018 Office Market Report Second Quarter 2018 Office Market Report Chicago CBD Market Facts 4.3% As of June 2018, unemployment stood at 4.3%, down 110 basis points (bps) year-over-year. 5.5 MSF There are currently nine properties

More information

% $ Market Report NEW JERSEY OFFICE 4Q Leasing Activity MSF. Net Absorption

% $ Market Report NEW JERSEY OFFICE 4Q Leasing Activity MSF. Net Absorption Market Report NEW JERSEY OFFICE 4Q 2016 Accelerating success. ± % $ MSF Absorption SF 4Q 2016 Quarter-to- Quarter Change Year-to- Year Change YTD 2016 2,560,266-40.8% -12.5% 12,806,676 (636,072) (2,116,921)

More information

Net Lease Investment Outlook

Net Lease Investment Outlook United States H1 2018 JLL Research Report Net Lease Investment Outlook First half of 2018 outperforms but overall selectivity prevails 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Net lease

More information

Office Market Indicators - All Space TOTAL BLDGS SF AVAILABLE IMMEDIATELY INVENTORY $ Volume ($ Mil) $29.00 $ No. of Properties $27.

Office Market Indicators - All Space TOTAL BLDGS SF AVAILABLE IMMEDIATELY INVENTORY $ Volume ($ Mil) $29.00 $ No. of Properties $27. MARKET WATCH HOUSTON OFFICE AUGUST 0 RECENT OFFICE LEASES Katy Freeway West :: Lloyd s Register,9 SF renewal at 0 Enclave Parkway CBD :: Orrick, Herrington and Sutcliffe,7 SF prelease at 09 Main at Texas

More information

Dollar Tree for Sale N. Monroe St. Tallahassee, FL

Dollar Tree for Sale N. Monroe St. Tallahassee, FL Dollar Tree for Sale 3706 N. Monroe St. Tallahassee, FL Table of Contents FOR FURTHER INFORMATION Joe Boyd office 843.973.8283 mobile 843.906.7751 email joe@twinriverscap.com 3706 N. Monroe St. Tallahassee,

More information

Chicago Industrial Market Starts Strong Following Impressive 2017 Market Update & 2018 Forecast

Chicago Industrial Market Starts Strong Following Impressive 2017 Market Update & 2018 Forecast 2018 Starts Strong Following Impressive 2017 Market Update & 2018 Forecast Chicago is the second largest industrial market in the US Top 10 US industrial markets by inventory size Detroit San Francisco

More information

Walgreens KINSON RUSSO NET LEASED TEAM

Walgreens KINSON RUSSO NET LEASED TEAM KINSON RUSSO NET LEASED TEAM Walgreens PRESENTED BY Douglas T. Kinson Director - Net Leased Properties Group Orlando Office Dir: (407) 557-3842 Cell: (407) 625-9539 Fax: (407) 557-3810 douglas.kinson@marcusmillichap.com

More information

NEW JERSEY INDUSTRY SPOTLIGHT LIFE SCIENCES CUSHMAN & WAKEFIELD RESEARCH

NEW JERSEY INDUSTRY SPOTLIGHT LIFE SCIENCES CUSHMAN & WAKEFIELD RESEARCH NEW JERSEY INDUSTRY SPOTLIGHT LIFE SCIENCES CUSHMAN & WAKEFIELD RESEARCH TABLE OF CONTENTS Cushman & Wakefield 2 3 KEY TAKEAWAYS 4 ECONOMIC IMPACT 5 R&D / FLEX MARKET 6 CLASS A OFFICE MARKET 7 LIFE SCIENCES

More information

Life Sciences Outlook

Life Sciences Outlook New Jersey 2018 JLL Research Report Life Sciences Outlook Breakthrough discoveries at a breathtaking pace 2 New Jersey The pharmaceutical/life sciences industry has historically been one of New Jersey

More information

INDUSTRIAL MARKET REPORT

INDUSTRIAL MARKET REPORT PORTLAND INDUSTRIAL MARKET REPORT capacitycommercial.com WHERE ARE WE NOW? Total Inventory Total Vacancy Vacancy Rate Absorption Under Construction 200,897,366 SF 6,286,464 SF 3.1% 1,130,132 SF 2,478,823

More information

LEHIGH VALLEY COMMERCIAL REAL ESTATE REPORT OFFICE & INDUSTRIAL MARKETS

LEHIGH VALLEY COMMERCIAL REAL ESTATE REPORT OFFICE & INDUSTRIAL MARKETS www.lehighvalley.org LEHIGH VALLEY COMMERCIAL REAL ESTATE REPORT OFFICE & INDUSTRIAL MARKETS ISSUE # 008 Q4 2016 One of the core principles of the Lehigh Valley Economic Development Corporation (LVEDC)

More information

Walgreens KINSON RUSSO NET LEASED TEAM

Walgreens KINSON RUSSO NET LEASED TEAM KINSON RUSSO NET LEASED TEAM Walgreens PRESENTED BY Douglas T. Kinson Director - Net Leased Properties Group Orlando Office Dir: (407) 557-3842 Cell: (407) 625-9539 Fax: (407) 557-3810 douglas.kinson@marcusmillichap.com

More information

NEWINGTON FOR LEASE BUSINESS PARK. Park Overview. Park Highlights. Warehouse Space

NEWINGTON FOR LEASE BUSINESS PARK. Park Overview. Park Highlights. Warehouse Space Warehouse Space FOR LEASE 3 8532 1 8533 4 8534 2 8535 5 8536 7 8540 6 8538 Vacancies Park Overview Newington Business Park consists of seven, industrial buildings totaling 255,600 square feet located in

More information

Houston s industrial market continues to expand, adding 4.4M SF of inventory in the third quarter

Houston s industrial market continues to expand, adding 4.4M SF of inventory in the third quarter Research & Forecast Report HOUSTON INDUSTRIAL Houston s industrial market continues to expand, adding 4.4M SF of inventory in the third quarter Lisa Bridges Director of Market Research Houston Houston

More information

Q INTRODUCTION VC ACTIVITY OVERVIEW. Summary of investment and fundraising. ($ millions)

Q INTRODUCTION VC ACTIVITY OVERVIEW. Summary of investment and fundraising.   ($ millions) www.sme-fdi.gc.ca/vcmonitor INTRODUCTION This issue discusses venture capital (VC) investment and fundraising activity in Canada during the third quarter of 21, covering July through September 21. VC ACTIVITY

More information

10025 Huennekens Street

10025 Huennekens Street FOR SALE $2,950,000 A freestanding 16,169 SF R&D/manufacturing/ warehouse building located in Sorrento Mesa CARMEL VALLEY 15 POWAY 5 SITE MIRA MESA SORRENTO MESA UTC MIRAMAR SCRIPPS RANCH LA JOLLA SANTEE

More information

HEALTHCARE ADVISORY SERVICES

HEALTHCARE ADVISORY SERVICES HEALTHCARE ADVISORY SERVICES Building Value In Healthcare Real Estate HEALTHCARE ADVISORY SERVICES TRANSWESTERN REAL ESTATE SERVICES DEDICATED TO HEALTHCARE Transwestern s Healthcare Advisory Services

More information

PRIVATE CLIENT INVESTMENT REPORT

PRIVATE CLIENT INVESTMENT REPORT PRIVATE CLIENT INVESTMENT REPORT PRIVATE CLIENT INVESTMENT REPORT SAN DIEGO COUNTY 2Q 2015 Colliers of San Diego s Quarterly Investment Report is produced for Owner User and Private Client Investors with

More information

Chicago CBD 4.1% 10,900 Jobs 113,866 SF 2.5 MSF. 10 Transactions. Market Facts. Economic Overview. Third Quarter 2018 Office Market Report

Chicago CBD 4.1% 10,900 Jobs 113,866 SF 2.5 MSF. 10 Transactions. Market Facts. Economic Overview. Third Quarter 2018 Office Market Report Third Quarter 2018 Office Market Report Chicago CBD Market Facts 4.1% As of August 2018, unemployment stood at 4.1%, down 100 basis points (bps) year-over-year. 10,900 Jobs Jobs within the business services

More information

Walgreens KINSON RUSSO NET LEASED TEAM. Joseph F. Russo

Walgreens KINSON RUSSO NET LEASED TEAM. Joseph F. Russo KINSON RUSSO NET LEASED TEAM Walgreens PRESENTED BY Douglas T. Kinson Director - Net Leased Properties Group Orlando Office Dir: (407) 557-3842 Cell: (407) 625-9539 Fax: (407) 557-3810 douglas.kinson@marcusmillichap.com

More information

LIFE SCIENCE & CLEANTECH

LIFE SCIENCE & CLEANTECH LIFE SCIENCE & CLEANTECH San Francisco Bay Area Real Estate Market Review 3rd Quarter 2010 M arket activity slowed dramatically as compared to the 2nd quarter; but there were still over 500,000 square

More information

Private Equity Market Update. February 2013

Private Equity Market Update. February 2013 Private Equity Market Update February 213 U.S. Private Equity Deal Activity Deal activity in the first three quarters of 212 was lower than the corresponding quarters in 211 due to a number of factors.

More information

Transwestern. is the advantage

Transwestern. is the advantage Transwestern is the advantage Transwestern is a national commercial real estate firm focused on creating value for our clients in each local market we serve. Our distinct business model combines fully

More information

Los Angeles County Office Market Report

Los Angeles County Office Market Report FIRST QUARTER 2015 Los Angeles County Office Market Report Partnership. Performance. www.avisonyoung.com New Jersey FIRST QUARTER 2015 Los Angeles County Office Market Report Partnership. Performance.

More information

TEAM CAPABILITIES MUMBAI DELHI (NCR) BANGALORE KOLKATA INDIA

TEAM CAPABILITIES MUMBAI DELHI (NCR) BANGALORE KOLKATA INDIA TEAM CAPABILITIES MUMBAI DELHI (NCR) BANGALORE KOLKATA INDIA For more information, please contact: icore GLOBAL - INDIA Grand Hyatt Suite F 8 (e) Lobby level Santacruz (E) Mumbai 400056 +91 22 65881454

More information

San Diego Life Science Market Report

San Diego Life Science Market Report SECOND QUARTER 2015 San Diego Life Science Market Report Partnership. Performance. Avison Young - San Diego 4225 Executive Square, Suite 600 La Jolla, CA 92037 858.201.7070 www.avisonyoung.com SECOND QUARTER

More information

Outlook DENVER METRO SNAPSHOT AT YEAR-END Office Market Cycle Position Year-End Office Vacancy Rates Selected Metro Areas

Outlook DENVER METRO SNAPSHOT AT YEAR-END Office Market Cycle Position Year-End Office Vacancy Rates Selected Metro Areas DENVER METRO SNAPSHOT AT YEAR-END 21 Economy: Continued Gradual Improvement 12-month job losses through October 21: 1,9 Unemployment rate: 8.% in October 21, down from 8.2% in March. U.S. at 9.6% in October.

More information

PitchBook. Bet ter Data. Bet ter Decisions. 4Q 2012 Private Equity. Company Inventory. Report. Sponsored by:

PitchBook. Bet ter Data. Bet ter Decisions. 4Q 2012 Private Equity. Company Inventory. Report. Sponsored by: 4Q 2012 Private Equity Company Inventory Report Sponsored by: www.newstarfin.com Introduction In the last few quarters, an overwhelming number of the inquiries coming in to the Research Team have centered

More information

Military Robotics - Emerging Trends and Future Outlook. Reference code: DF4580PR Published: July 2015 Single user price: US$1950

Military Robotics - Emerging Trends and Future Outlook. Reference code: DF4580PR Published: July 2015 Single user price: US$1950 Military Robotics - Emerging Trends and Future Outlook Reference code: DF4580PR Published: July 2015 Single user price: US$1950 1 Summary Military Robotics - Emerging Trends and Future Outlook is a report

More information

ECONOMIC SNAPSHOT. A Summary of the San Diego Regional Economy UNEMPLOYMENT

ECONOMIC SNAPSHOT. A Summary of the San Diego Regional Economy UNEMPLOYMENT A Summary of the San Diego Regional Economy Brought to you by San Diego Regional EDC analyzes key economic metrics that are important to understanding the regional economy and San Diego s standing relative

More information

Rents Continue to Climb As Central New Jersey Continues to Outpace Northern New Jersey

Rents Continue to Climb As Central New Jersey Continues to Outpace Northern New Jersey Q2 2014 INDUSTRIAL NORTHERN & CENTRAL NEW JERSEY MARKET REPORT Rents Continue to Climb As Central New Jersey Continues to Outpace Northern New Jersey The overall Northern/Central New Jersey Industrial

More information

2018 PHILADELPHIA VENTURE REPORT

2018 PHILADELPHIA VENTURE REPORT 2018 PHILADELPHIA VENTURE REPORT Data provided by IT S NOT A RISK WHEN YOU HAVE WHAT IT TAKES. Matt Klinger Senior Vice President Mid-Atlantic (703) 547-8198 We believe in the risk takers, the game-changers

More information

World Offshore Wind Market Forecast Prospects, Technologies, World Markets

World Offshore Wind Market Forecast Prospects, Technologies, World Markets 2016 World Offshore Wind Market Forecast 2016-2025 Prospects, Technologies, World Markets Contents Table of Contents 1 Summary and Conclusions...7 Summary... 8 Conclusions... 9 2 Drivers and Indicators...

More information

Market Report NEW JERSEY INDUSTRIAL 3Q Leasing Activity MSF. Net Absorption

Market Report NEW JERSEY INDUSTRIAL 3Q Leasing Activity MSF. Net Absorption Market Report NEW JERSEY INDUSTRIAL 3Q 215 Accelerating success. ± % $ MSF Absorption SF 3Q 215 Quarter-to- Quarter Change Year-to- Year Change YTD 215 9,531,534-12.9% 39.6% 31,779,232 5,672,959 1,85,32

More information

Church/Assembly Use Space for Lease 150 Professional Center Drive - A3 Rohnert Park CA

Church/Assembly Use Space for Lease 150 Professional Center Drive - A3 Rohnert Park CA MUST-SEE TURNKEY CHURCH HALL FEATURES 6,300± sf High Ceiling Church Space Approved for Assembly Use Includes a Full Kitchen, Break Room, Several Offices and Kid s Play Area Other types of uses: Events

More information

Silicon Wafer Demand Forecast Update, 4Q03

Silicon Wafer Demand Forecast Update, 4Q03 Forecast Analysis Silicon Wafer Demand Forecast Update, 4Q03 Abstract: Silicon wafer demand in 2003 will register an 8 percent increase over 2002. Demand will enter an expansion phase in the second quarter

More information

1Q04 Update: Silicon Demand Will Move to a Full Recovery

1Q04 Update: Silicon Demand Will Move to a Full Recovery Gartner Dataquest Alert 1Q04 Update: Silicon Demand Will Move to a Full Recovery Our latest silicon demand forecast indicates that wafer demand in 2003 will increase 9 percent over 2002. While the forecast

More information

ECONOMIC SNAPSHOT. A Summary of the San Diego Regional Economy UNEMPLOYMENT

ECONOMIC SNAPSHOT. A Summary of the San Diego Regional Economy UNEMPLOYMENT A Summary of the San Diego Regional Economy Brought to you by San Diego Regional EDC analyzes key economic metrics that are important to understanding the regional economy and San Diego s standing relative

More information

RETAIL LEASING OVERVIEW 950 L ENFANT PLAZA, SW WASHINGTON, DC

RETAIL LEASING OVERVIEW 950 L ENFANT PLAZA, SW WASHINGTON, DC RETAIL LEASING OVERVIEW 950 L ENFANT PLAZA, SW WASHINGTON, DC MILLER WALKER Retail Real Estate is the Washington, DC Metropolitan Area s premier retail and restaurant brokerage firm, representing both

More information

M&A Update 1H Proven. Focused. Trusted. Accounts Receivable Management Healthcare IT Revenue Cycle Management

M&A Update 1H Proven. Focused. Trusted. Accounts Receivable Management Healthcare IT Revenue Cycle Management M&A Update 1H 2017 Accounts Receivable Management Healthcare IT Revenue Cycle Management Proven. Focused. Trusted. 301-576-4000 www.greenberg-advisors.com Proven. Focused. Trusted Revenue Cycle Management

More information

Sales Leases Investment RENO RETAIL REPORT SPARKS Q Holcomb Ave., Ste Reno, Nevada DicksonCG.

Sales Leases Investment RENO RETAIL REPORT SPARKS Q Holcomb Ave., Ste Reno, Nevada DicksonCG. RENO RETAIL REPORT SPARKS Sales Leases Investment Q2 2018 333 Holcomb Ave., Ste. 300 + Reno, Nevada 89502 + 775.850.3100 + DicksonCG.com LEASING RECAP NEW DEVELOPMENT Northern Nevada s retail market was

More information

LOS ANGELES - LONG BEACH INDUSTRIAL MARKET REPORT

LOS ANGELES - LONG BEACH INDUSTRIAL MARKET REPORT LOS ANGELES - INDUSTRIAL MARKET REPORT Q3 M A R K E T R E P O R T Q 3 2 017 LOS ANGELES - INDUSTRIAL MARKET REPORT INCREDIBLE GROWTH PERSISTS Q3 TRENDS AT A GLANCE Absorption 73,064 SF Average Rent $0.91

More information

Accenture Technology Vision 2015 Delivering Public Service for the Future Five digital trends: A public service outlook

Accenture Technology Vision 2015 Delivering Public Service for the Future Five digital trends: A public service outlook Accenture Technology Vision 2015 Delivering Public Service for the Future Five digital trends: A public service outlook INFOGRAPHIC Digital government is about using innovative technologies to improve

More information

Washington, D.C. Metro Area November 2018 Housing Market Update

Washington, D.C. Metro Area November 2018 Housing Market Update Washington, D.C. Metro Area November 2018 Housing Market Update Washington D.C. Metro prices of $449,900 at record November level; sales continue to cool; for the first time since early 2016, inventories

More information

SAN DIEGO S QUARTERLY ECONOMIC SNAPSHOT

SAN DIEGO S QUARTERLY ECONOMIC SNAPSHOT SAN DIEGO S QUARTERLY ECONOMIC SNAPSHOT February 2018 SAN DIEGO HIGHLIGHTS IN THIS ISSUE Every quarter San Diego Regional EDC analyzes key economic indicators that are important to understanding the regional

More information

Q SAN ANTONIO OFFICE MARKET

Q SAN ANTONIO OFFICE MARKET Q3 2018 SAN ANTONIO OFFICE MARKET Q3 2018 SAN ANTONIO OFFICE MARKET Positive momentum continues in San Antonio s Tricentennial year Average asking rates reach new all-time high, up 10.2% year-over-year

More information

Britco Group. Transaction snapshot

Britco Group. Transaction snapshot Britco Group Transaction snapshot About Ernst & Young Orenda Corporate Finance Inc. Ernst & Young Orenda Corporate Finance Inc. is one of Canada s largest corporate finance firms focused on mid-market

More information

Growth and Complexity of Real Estate

Growth and Complexity of Real Estate Growth and Complexity of Real Estate Steven Littman & Jane Lyons, IRC USA - Rhodes Associates Jan. 1, 2015 There is an increasing flow of investment capital into global real estate markets, creating a

More information

Accenture Digital Acceleration Center in Metro New York

Accenture Digital Acceleration Center in Metro New York Accenture Digital Acceleration Center in Metro New York Helping Communications, Media and Technology Providers Accelerate Digital Transformation at Speed Anticipate, and transform for, the digital future

More information

Memo to the Planning Commission HEARING DATE: APRIL 28, 2016

Memo to the Planning Commission HEARING DATE: APRIL 28, 2016 Memo to the Planning Commission HEARING DATE: APRIL 28, 2016 Date: April 20, 2016 Hearing Title: Informational Overview of San Francisco Job and Office Trends 1985-2015 and Update on Office Development

More information

CORPORATE PROFILE. Global Knowledge, Local Expertise

CORPORATE PROFILE. Global Knowledge, Local Expertise CORPORATE PROFILE Global Knowledge, Local Expertise About Us Our partners have an average of 15 years of high level experience working as part of the executive team for some of the largest Global REITS,

More information

Galaxy 23rd Street Acquires rd Street, NW for a Total Transaction of $64M

Galaxy 23rd Street Acquires rd Street, NW for a Total Transaction of $64M WASHINGTON DC (http://dc.citybizlist.com/) Contribute (http://dc.citybizlist.com/contribute) Advertise (http://dc.citybizlist.com/advertise) Promote (http://dc.citybizlist.com/promote) Sign up for: Email

More information

A Higher Status 6901, 6903, 6905 ROCKLEDGE DRIVE BETHESDA, MARYLAND

A Higher Status 6901, 6903, 6905 ROCKLEDGE DRIVE BETHESDA, MARYLAND A Higher Status 6901, 6903, 6905 ROCKLEDGE DRIVE BETHESDA, MARYLAND ELEVATE YOUR WORK DAY Whether it s stepping out for fresh air and taking a stroll through our quarter-mile of walking paths, participating

More information

NORTH COUNTY INDUSTRIAL MARKET REPORT

NORTH COUNTY INDUSTRIAL MARKET REPORT NORTH COUNTY INDUSTRIAL MARKET REPORT INFO PROVIDED BY: RUSTY WILLIAMS, SIOR & CHRIS ROTH 3 rd QUARTER 218 PLEASE CALL US WITH ANY QUESTIONS ABOUT THIS REPORT! NORTH COUNTY INDUSTRIAL STATISTICS 6 4 -

More information

4 th Quarter Earnings Conference Call

4 th Quarter Earnings Conference Call 4 th Quarter Earnings Conference Call KKR & Co. L.P. Investor Update February 8, 2018 4Q17 Reflections Fundamentals Are Strong (Dollars in millions, except per unit amounts and unless otherwise stated)

More information

Silicon Valley Venture Capital Survey Third Quarter 2017

Silicon Valley Venture Capital Survey Third Quarter 2017 fenwick & west Silicon Valley Venture Capital Survey Third Quarter 2017 First Look Silicon Valley Venture Capital Survey Third Quarter 2017 fenwick & west First Look Cynthia Clarfield Hess, Mark Leahy

More information

4 th Quarter Earnings Conference Call

4 th Quarter Earnings Conference Call 4 th Quarter Earnings Conference Call KKR & Co. L.P. Investor Update February 11, 2016 Gross Returns $1B+ Carry Paying Funds Q4 and 2015 Performance Market Indices Private Equity Real Assets Alternative

More information

SAN DIEGO S QUARTERLY ECONOMIC SNAPSHOT

SAN DIEGO S QUARTERLY ECONOMIC SNAPSHOT SAN DIEGO S QUARTERLY ECONOMIC SNAPSHOT December 2018 SAN DIEGO HIGHLIGHTS IN THIS ISSUE Every quarter San Diego Regional EDC analyzes key economic indicators that are important to understanding the regional

More information

Family Dollar. 823 E. Washington St. Suffolk, VA

Family Dollar. 823 E. Washington St. Suffolk, VA Family Dollar 823 E. Washington St. Suffolk, VA Table of Contents FOR FURTHER INFORMATION Joe Boyd office 843.722.9925 x 21 mobile 843.906.7751 web joe@twinriverscap.com 823 E. Washington St. Suffolk,

More information

Silicon Wafer Demand Outlook: Forecast Update, 2Q03

Silicon Wafer Demand Outlook: Forecast Update, 2Q03 Research Brief Silicon Wafer Demand Outlook: Forecast Update, 2Q03 Abstract: The latest silicon wafer demand outlook predicts about 6 percent growth in 2003, nearly the same as the previous forecast. However,

More information

Convene and RXR Realty Partner to Bring Premier Meeting Lounge, Event Space and Workplace Hospitality Services to Newly Renovated 237 Park Avenue

Convene and RXR Realty Partner to Bring Premier Meeting Lounge, Event Space and Workplace Hospitality Services to Newly Renovated 237 Park Avenue FOR IMMEDIATE RELEASE Media Contacts: For Convene For RXR Realty Bennie Sham / Rick Anderson Diana Kashan Feintuch Communications DKC Public Relations 212-808-4904 / 718-986-1596 212-981-5161 convene@feintuchpr.com

More information

Office/Warehouse Space For Lease State Farm Drive Rohnert Park CA

Office/Warehouse Space For Lease State Farm Drive Rohnert Park CA 3,000± - 4,500± sf Available PROPERTY SUMMARY Individual Office and Warehouse Units Signage Available 3.5:1,000 sf Parking On-Site Three Blocks from Highway 101 Walking Distance to Professional Services,

More information

AFTER NEARLY 3 YEARS OF STEADY GROWTH, U.S. VENTURE INVESTMENT PULLS BACK 7% IN 1 ST QUARTER TO $6.84 BILLION

AFTER NEARLY 3 YEARS OF STEADY GROWTH, U.S. VENTURE INVESTMENT PULLS BACK 7% IN 1 ST QUARTER TO $6.84 BILLION FOR IMMEDIATE RELEASE For more information: Adam Wade Dow Jones Financial Information Services (415) 439-6666 adam.wade@dowjones.com AFTER NEARLY 3 YEARS OF STEADY GROWTH, U.S. VENTURE INVESTMENT PULLS

More information