„Nowe realia ekonomiczne i postępy w leczeniu zmieniają sposób funkcjonowania branży medycznej. Dopasowanie strategii zarządzania nieruchomością do jej realiów to warunek niezbędny do tego, aby znaleźć odpowiednią przestrzeń”.
Atlanta’s Oldest Submarket Rebrands Itself With 3 Exciting Projects
In normal times, the role of a project manager is an important one. During a pandemic, it is even more vital to a project’s success.
The future of worker and workplace leaves many of us uncertain on how to move forward in planning the needs for an office. Cresa's Dave Toomey joins Tangram, with experts from Steelcase and Wolcott Architecture, to discuss how the work-from-home experience will influence future lease and workplace requirements.
Cresa was honored to be part of the project team for the new headquarters space for the National Council of Architectural Registration Boards (NCARB). The Mid-Atlantic Chapter of the International Interior Design Association (IIDA) recently recognized OTJ Architects’ design of the headquarters at its 25th Annual Premiere awards gala (held virtually).
Cresa Managing Principal Mindy Saffer joined Humentum on June 30th to discuss considerations around returning to the office and remote work strategies.
The Toronto and Greater Toronto Area (GTA) office markets continued to experience increasing vacancy rates as the market now sits at 9.3%, up from 8.7% in Q3 2021. The downtown core saw an increase in vacancy from 7.0% in Q3 to 7.3% in Q4 2021. Over Q2 and Q3 of 2021 there were positive signs pointing towards an office recovery with two straight quarters of positive absorption in the downtown core, however, Q4 2021 saw negative absorption of 344,000 square feet, and negative 1.5 million square feet in the overall market.
Greater Toronto Area (GTA) industrial properties continue to outperform all other asset types and remain one of the hottest real estate markets in North America. Net rents continue to rise at unprecedented rates, increasing by another $1.16 per square foot (PSF) quarter-over-quarter to $12.14 PSF. Rents are changing significantly even on a month-by-month basis. They continue to increase with clear height and the 100-199k square foot properties are driving demand.
Gaming and media companies continued to be the main contributors to office leasing activity during Q4, 2021. The Los Angeles office market experienced minor positive net absorption for the first time since the start of the pandemic.