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Savills Prime Office Cost Index Q4 2017
06 February 2018

At the close of 2017, a majority of SPOC markets outside of the US and Mexico increased in overall costs (year-over-year as measured in USD) as global real estate markets strengthened and the dollar depreciated against 2016 highs.

 

Research search results: 212 found

 
Washington, DC 2018 ERI Report

Washington, DC 2018 ERI Report

25 April 2018

Conditions diverged widely by building quality during 2017. Demand in the very highest-caliber newer buildings was once again very strong. Older properties with outdated space layouts and amenities struggled. Concessions rose along with face rents, as landlords used increasingly generous incentives to lure tenants to their properties. In turn, despite a slight jump in taking rent, effective rent dipped slightly. Tenants should remain in the driver’s seat during 2018.

 
 
 
Non-Residential Real Estate Activity: "Improved"

Non-Residential Real Estate Activity: "Improved"

19 April 2018

April’s Beige Book report, the Federal Reserve’s qualitative assessment of conditions across the country’s 12 Districts, suggested that economic growth over the last month was split between “modest and moderate” as shown in Table 1. Headlining the list of concerns was the potential impact from the newly imposed (and proposed) tariffs, with contacts in the manufacturing and transportation industries expressing the most worry. (China has since filed a formal compla

 
 
 
Office Employment Pulls Back; Wages Show Few Signs of Further Acceleration

Office Employment Pulls Back; Wages Show Few Signs of Further Acceleration

10 April 2018

March’s labor market report was slightly softer than expected and was accompanied by downward revisions (-50k) to total non-farm payroll growth over the first two months of the quarter. Despite lingering concerns over prospects of wage inflation given the tightness of the labor market, a rapid advance in average hourly earnings has failed to materialize.

 
 
 
Congressional Oversight Lifts After-tax Cost of Leasehold Improvements

Congressional Oversight Lifts After-tax Cost of Leasehold Improvements

14 March 2018

Due to an oversight in the new tax bill, the depreciable life for leasehold improvements—improvements to the interior of nonresidential real property, such as office build-outs—has reverted to 39 years from 15 years. As a result, the depreciation expense one is able to take for tax purposes is significantly reduced on a per annum basis, as costs are expensed over a longer time period.

 
 
 
Baltimore 2017 Q4 Market Report

Baltimore 2017 Q4 Market Report

16 February 2018

Baltimore's office market continues to offer tenants a wide range of office product, ranging from premier newer buildings to more reasonably priced suburban office space. Availability tightened in a handful of areas as tenants targeted high-quality newer office product. Several significant redevelopment projects such as Port Covington and Columbia Town Center will open up more opportunities in the coming quarters. 

 
 
 
South Florida Q4 2017 Office Market Report

South Florida Q4 2017 Office Market Report

16 February 2018

Following trends seen across many U.S. markets, South Florida's office market posted steady leasing over the last four quarters. Consistent demand, coupled with constrained construction activity, creates challenges for larger tenants seeking qualiy space.   

 
 
 
Los Angeles Q4 2017 Market Report

Los Angeles Q4 2017 Market Report

09 February 2018

A market reduction in the number of larger leases, particularly by tech and entertainment companies, kept leasing activity under its long-term average during the second half of the year. As demand slows across more of the market, tenants are finding a few more space options even in West Los Angeles.

 
 
 
National 2017 Q4 Market Report

National 2017 Q4 Market Report

09 February 2018

Employers continue to cater to the tastes and preferences of talent. So too are office landlords. Generous concessions are no longer enough to capture and lure tenants. In a world of reduced demand, asset differentiation is critical. Savvy owners are adding shared amenities in the building and space buildout that enhance the comfort, convenience and productivity of their tenants, and their employees.

 
 
 
Savills Prime Office Cost Index Q4 2017

Savills Prime Office Cost Index Q4 2017

06 February 2018

At the close of 2017, a majority of SPOC markets outside of the US and Mexico increased in overall costs (year-over-year as measured in USD) as global real estate markets strengthened and the dollar depreciated against 2016 highs.

 
 
 
Office Employment Rises as Wages Jump to Multi-Year High

Office Employment Rises as Wages Jump to Multi-Year High

02 February 2018

Today’s labor market report was the latest in a continued string of positive economic data. More important that the continued growth in payrolls, however, was the first real sign of wage inflation. 

 
 
 

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