The current economic expansion has run for 84 months through June, prompting discussions on how much fuel remains in the tank. History tells us that the length of a cycle in itself will not induce a downturn. In fact, we are experiencing longer expansion periods than previously recorded, according to economic models. Key segments of […]
The sale of single-tenant assets in Miami – often a favorite of foreign investors – has decreased by 20 percent in the last 12 months, according to a recent report by Marcus & Millichap. The drop in sales followed the best four-quarter period since the recession. The demand for single-tenant properties has slowed since the […]
Air quality affects the mind, according to a recent Newsweek article. A landmark study published in October 2015 in the journal Environmental Health Perspectives found a strong link between air quality and cognitive function. In the paper, the researchers gathered 24 professionals of various stripes and had them work in the same office, where the […]
While there is still appetite for CRE deals in Miami, the volume of office transactions is decreasing, according to Real Capital Analytics. First came the condo market correction and now the office market is experiencing a step back. Case in point: the volume of deals for properties in the price range of $2.5M to $20M […]
A Dodge Data & Analytics report recently revealed the average square feet of office space per employee has declined nearly 4% to 195 square feet per employee since early-2010. This is the ratio’s lowest level since mid-2008. The ratio not only includes personal office/cubicle space, but also each employee’s share of public space such as […]