News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Randyl Drummer / CoStar / August 14, 2013
CoStar Midyear Analysis: Investors Cherry-Pick Deals In Markets With Strongest Fundamentals and Growth Prospects Retail Square Footage per Capita Decreases for First Time in Many Decades
The “happy rainbow” of year-over-over demand growth for U.S. retail space continued to spread across the country at midyear, with shopping center landlords just now beginning to capitalize on accelerating population, employment and housing trends, almost no new retail property construction, and consumers returning to shop in stores once more.
Overall demand for shopping spaceRead More
The inaugural edition, World of Concrete India 2013, will welcome suppliers from the commercial concrete and construction industry in India. India is modernizing its infrastructure at a fast pace and concrete is an essential requirement of infrastructural development; thus it is imperative to have such an event which addresses the needs of this fast expanding industry.View Article
Tim Trainor / CoStar / July 31, 2013
Rents in Warehouse Distribution Markets Play Catch-Up in Second Quarter as Increased Demand Spreads Across More Markets and Continues To Outpace Meager New Construction
Rents in a handful of top warehouse distribution markets posted year-over-year rent gains of 5% or more in the second quarter, virtually unheard of in the staid property sector more accustomed to 1.3% annual rental rate growth.
For the U.S. warehouse market as a whole, the average asking net rent rose to $4.75 per square foot, a 2.1% increase from one year ago. The upward trend in rents was boosted by 37.3 million squareRead More
Bill Palmer / Editorial Director, Commercial Construction Group / July 30, 2013
The newly named ASCC Concrete Executive Leadership Forum (formerly the CEO Forum) in Palm Beach, Fla., in July was another great opportunity to network with new and old friends in the concrete construction business. One of the highlights of this meeting is the contractor roundtables, where a random group of contractors gets together to discuss an issue of interest. One of the roundtables in which I participated took on a topic near and dear to every contractor’s heart: margins—whether they have come back and how to get them a bit higher.
The consensus was that business is better but theRead More
Randyl Drummer / CoStar / July 17, 2013
‘Across the Board Improvement’ is Prevailing Theme for CRE Pricing, Sales Volume, Fundamentals in May
Pricing of commercial real estate strengthened across the board, with pricing gains accelerating in May following a seasonal soft patch in the early months of 2013, reflecting solid market fundamentals, broadening investment activity and healthy demand for virtually all types of commercial properties, according to the latest CoStar Commercial Repeat Sale Indices (CCRSI) release.
The value-weighted U.S. Composite Index and the equal-weighted U.S. Composite IndexRead More