Foreign Capital – Foreign Confidence The New York City commercial market remained active and attractive, through a year of new political and economic uncertainty. At the...
Key takeaways: Total sales volume in NYC topped $21B in 2016 The average price per sq. ft. in Manhattan reached a 5-year peak ($1,347) June proved busiest month of the...
Key findings: Though office leasing activity took a respite in 2016, sales activity remained strong: 7 assets fetched more than $1B in 2016; Manhattan reigns as the main target...
Crenshaw-LAX Line Ushers in Development Work on the new light rail line project is halfway completed. “Harriet”, the tunnel-boring machine, has dug under Baldwin Hills and is...
Borough Commercial market grows diverse Brooklyn in the race with Manhattan despite sales curb L line Canarsie tunnel closure spurs relocations and expansions Cool Kid Brooklyn...
Median rents held steady, though the 2016 commercial rental market was notably softened by the increase in concession packages. According to the Colliers 2016 4th quarter office...
Key findings: Office investment in Los Angeles totaled $10.8B in 2016–a new post-downturn peak; Q4 2016 office absorption topped the $2M mark for the first time in 11 years;...
Key findings: The Financial District was the busiest neighborhood in terms of office sales in 2016: 10 out of the 20 largest transactions closed in the city’s CBD; Blackstone...
