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“Gateway market office volumes peaked in 2015 and are now declining, while secondary Sunbelt office market investment sales volumes continue to rise,” says Noble Carpenter with Cushman & Wakefield.
Healthcare, life sciences, tech and business services are well-positioned for further growth in Orange County as employment diversification continues to drive office vacancy lower, JLL's Jared Dienstag tells GlobeSt.com.
Tenant improvement allowances and free rent are up nationwide and growing at a more rapid pace, and there's been a real slowdown in velocity despite ample capital in the market, Colliers' Scott Latham and Andrew Nelson tell GlobeSt.com.
Commercial Cafe looked at both class-A and class-B solutions with a baseline of $5,000 a month, and the corresponding amount of space that rental fee encapsulates, to uncover which cities provide the best bang for the buck.
With the once-dreaded wave of CMBS maturities nearly done with, “decreases in the overall reading should continue for the next few months,” says Manus Clancy at Trepp.