What We're Reading - May 10th, 2019
Written by Brent Carnduff | May 15, 2019
In our effort to stay current on the opportunities, challenges, and trends in the real estate space, we follow or subscribe to almost 100 publications that cover economic, the local market, real estate, and political news. Our goal with this weekly blog post is to share the best of those articles with the commercial real estate industry.
Asking Rents Reach New Highs for Office Sector by Dan Rafter in RE Journals
Released earlier this week, the report shows that the U.S. office market remains on an upward path that began in early 2011. According to Cushman & Wakefield, the average office asking rent across the country reached a record high of $31.97 a square foot in the first quarter of the year. This figure is up 1.5 percent from the fourth quarter of 2018 and 3.9 percent on a year-over-year basis.
As the pressure mounts on retailers and logistics companies to meet ever-faster delivery times, the idea of on-demand space within warehouses is gaining traction.
Commercial Real Estate Fundamentals in U.S. to Moderate Soon, says ULI by Michael Gerrity in World Property Journal
According to the Urban Land Institute's Center for Capital Markets and Real Estate, the outlook for the U.S. economy, real estate capital markets and real estate fundamentals remains positive in 2019, but is expected to moderate over the next three years.
How to Fight Inflation Through Real Estate Investing by Danni Lynn Robison in Forbes
Inflation is inevitable. It’s either a high rate, a steady rate or somewhere in between. Even in our down economy, between 2009 and 2012, the inflation rate still averaged around 2%. One of the best ways to fight inflation, and even win the game against it, is through inflation hedge investments like buy-and-hold real estate properties.
With 1 in 4 Federal Leases Soon to Expire, GSA Taking 'Fresh Look' at Smarter, Long-term Renewals by Jory Heckman in Federal News Network
About a quarter of all federal leases held by the General Services Administration will expire within the next two years, giving the agency a big opportunity to renegotiate for longer-term leases on buildings where agencies plan on staying put — and at a lower rate.
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