Grubb & Ellis Releases Annual Forecast
January 6, 2010
Tweet Grubb & Ellis has released its annual forecast for 2010. Long story short, recovery won’t arrive until 2011. Here is the summary of the forecast for the various sectors: Investment Sales – Commercial Real Estate Investment Transaction Volume to Grow in 2010 Office – Vacancy Rates Will Reach Modern-Day Record Industrial – Recovery in [...]
Read More >>AIA Projects 13% Fall in Commercial Construction
January 6, 2010
Tweet The American Institute of Architects (AIA) is forecasting that office, retail and hotel development may fall 13% this year. In July, they were forecasting 12%. ndustrial construction spending is likely to slump the most this year, 24 percent, and an additional 7.8 percent in 2011, the institute said. The group expects hotel building to also fall [...]
Read More >>Year End Forecast: 27.5% Vacancy, Rents Down by 23.5%
March 23, 2009
Tweet According to numbers released by ForesightAnalytics, the year-end vacancy forecast for the San Jose market is 27.5%. The report, titled “U.S. Office Market Outlook – This Downturn is Different” assesses the office market in light of the steep job losses. The 27.5% figure reflects a forecasted 10.3% change in vacancy for 2009. More on [...]
Read More >>CBRE’s Raymond Torto Predicts Two More Years of “Serious Problems”
February 13, 2009
Tweet In an interview with the Real Estate Channel, CBRE’s global chief economist, Raymond Torto indicated things should improve by year’s end, but that at least two more years of trouble looms. Here are some notable tidbits: Q - How bad is the economic situation we are in today? A - Bad. It compares to the Great [...]
Read More >>Allen Matkins/UCLA California Office Forecast
February 5, 2009
Tweet The Allen Matkins/UCLA Forecast, which is biannual survey and index for California commercial real estate markets is predicting more of what we already are hearing: that the downturn in the overall commercial real estate will continue for the foreseeable future with a recovery beginning sometime in the latter parts of 2010. In the Bay [...]
Read More >>RREEF Updates Economic Forecast Map
December 8, 2008
Tweet RREEF has updated its economic forecast map for North America. The map is a quick guide which provides very high-level economic data for markets throughout the United States and Canada.
Read More >>UCLA Reports on San Francisco Office Market
June 12, 2008
Tweet According to the Allen Matkins/UCLA Commercial Real Estate Survey, San Francisco rents and occupancy will both fall over the next two to three years. This comes on the heels of several years of rental rate increases and a strong office market. It should be noted that the economic models UCLA has prepared have a [...]
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