US Research

Savills Research and Consultancy aims to offer objective advice to clients in order to help them make well informed real estate related decisions and realise pre-defined goals. All reports are available for immediate download.

Featured report

placeholder
 

Research search results: 264 found

 
Sunnyvale/Santa Clara 2018 ERI Report

Sunnyvale/Santa Clara 2018 ERI Report

April 25, 2018

Tenants continue to face extremely challenging conditions in Sunnyvale and Cupertino. Much of the rental rate growth occurred in 2016, but frenetic demand from both top tech firms and rapidly expanding startups has kept competition for space very heated. Landlords pulled back slightly on free rent and extended generous tenant improvements only for larger, creditworthy firms. Companies will face added rent hikes in 2018.

 
 
 
Tampa Bay 2018 ERI Report

Tampa Bay 2018 ERI Report

April 25, 2018

Leasing volume remained steady in 2017. Combined Class A deal volume in the Tampa CBD and Westshore exceeded 1.0 msf for the second consecutive year. Landlords have been able to push rent steadily higher. Construction of Class A buildings is poised to hit record levels in 2020. For the time being, though, new development is still very limited. Tenants seeking larger high-quality blocks will have few options in the short term, enabling landlords to push rents higher.

 
 
 
Washington, DC 2018 ERI Report

Washington, DC 2018 ERI Report

April 25, 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 Older properties with outdated space layouts and amenities struggled.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"

April 19, 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 complaint with the WTO over the steel and aluminum tariffs.)

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

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

April 10, 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

March 14, 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

February 16, 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

February 16, 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

February 09, 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

February 09, 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.

 
 
 

Key contacts

Javier Kutz Clever

Javier Kutz Clever

Managing Director
Cross Border

Savills Mexico City

+52 (55) 5282 0926

 

Rene Picard Rossbach

Rene Picard Rossbach

Associate
Cross Border

Savills Mexico City

+52 (55) 5282 0926

 

Subscribe to Savills research

 

Would you like to be notified via email about new research?