US Research

Los Angeles 2018 Q2 Office Market Report

July 17, 2018

Leasing activity continues to diverge widely from one market to the next. Traditional space occupiers in Downtown are still restraining their demand. On the Westside, tenants are pushing to new emerging micro-districts, and aggressively pursuing space.

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Philadelphia 2018 Q2 Office Market Report

July 17, 2018

A group of tenants seeking between 50,000-125,000 sf has caused the market to evaluate and pause, to see where the chips will fall, as these tenants patiently select locations.

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San Francisco 2018 Q2 Office Market Report

July 17, 2018

Facebook’s aggressive lease of the entirety of Park Tower at Transbay leaves the market with essentially no new space options until early 2022. Changes in the economy and in development restrictions could change conditions well before then, though.

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Baltimore 2018 Q2 Office Market Report

July 16, 2018

A handful of areas stand out as outperforming others in terms of sustained leasing and limited availability – the micro-district surrounding Pratt Street Corridor, the greater Central Business District of Baltimore and new amenity-laden product in Howard County. In the balance of the market, demand is a bit choppier, creating favorable terms for tenants.

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Dallas Fort Worth 2018 Q2 Market Report

July 16, 2018

The region’s potent construction sector is ramping up. Ambitious projects are no longer being pursued in just North Dallas and Uptown, but in Downtown’s East Quarter and Tarrant County as well. This development puts pressure on owners in older buildings to make significant upgrades to their assets to stay relevant.

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Manhattan 2018 Q2 Office Market Report

July 16, 2018

Even as WeWork and other shared office providers absorb commodity space, many landlords are still saddled with space on lower floors. The only way to lease these less appealing floors in a competitive market is to be aggressive with pricing.

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Silicon Valley 2018 Q2 Office Market Report

July 16, 2018

Developers seemingly only have to conjure up a new project and one of the Valley's top employers magically appears to take it. Realistically, though, securing financing and approvals for new development remains challenging. Landing a tenant in this current market may be the least difficult part of the equation - at least for the time being.

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Suburban Chicago 2018 Q2 Office Market Report

July 16, 2018

Suburban Chicago’s office market continues to see major shifts in ownership. A few investors are cashing out after a sometimes extended period of stabilizing their assets. Another set of buyers are entering the market, taking on the next group of value-add and opportunistic redevelopment projects.

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Atlanta 2018 Q2 Office Market Report

July 13, 2018

Atlanta’s thriving tech ecosystem is a top choice for innovation hubs. At the same time it has become a center of excellence for fintech. Both of these specializations support growth in cybersecurity and data centers.

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Employment Report Keeps the Fed on its Tightening Trajectory

July 11, 2018

In this edition of the Economic Pulse, we examine how the low labor force participation rate is being driven by the behavior of young men (ages 25-29). The fraction of young men opting out of participating in the labor force has steadily risen over the last decade, despite a rebound in economic growth. Based on Census population projections and without a change in behavior, the overall labor force participation rate is apt to remain below trend for the next several years as this age cohort continues to comprise a large segment of the working-age population.

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