Office real estate market: What do workers want?
“There’s definitely an emphasis for companies to make the office an inviting place,” Matt Weathersby of Cushman and Wakefield said of the outlook for 2023.
There are 21 article(s) tagged CBRE:
“There’s definitely an emphasis for companies to make the office an inviting place,” Matt Weathersby of Cushman and Wakefield said of the outlook for 2023.
Four industry executives will be featured at the Commercial Real Estate: Review and Forecast Seminar at the Memphis Botanic Garden on Thursday, Dec. 1.
This week’s Inked highlights the Memphis Area Association of Realtors' September real estate report and CBRE’s third-quarter industrial and office report.
Also, a longtime restaurant in Whitehaven is planning to improve its patio, as is Slider Inn on South Main Street, and a Wisconsin-based company has made its second — and third — acquisitions in the Memphis market.
This week’s Inked covers news on Big River Market’s grand opening, June real estate figures, Jones Aur Commercial Real Estate’s new partnership and CBRE’s industrial market report.
Upcoming renovations will include improving the entrance to the building from the adjacent garage.
This week’s Inked shares news on Midtown Nursery’s new permanent location, new PetSmart in Collerville and the opening of Paradox at PeCo in Midtown.
The Crescent Center’s new owner said he was impressed by both the building and its East Memphis neighborhood.
CBRE will handle management and leasing of the 15-story office tower at the intersection of Jefferson Avenue and Third Street.
Midtown’s hot real estate development may soon stretch south to embrace an entire block of Lamar Avenue, which has experienced disinvestment over the decades.
Ubiquiti, a communications technology company, has completed a lease for 161,000 square feet of warehouse space in the Southeast Memphis industrial district.
The California-based company that provides logistics services to other companies will open its second fulfillment center in Memphis, bringing its total footprint in Memphis to about 600,000 square feet.
Woodhill Real Estate bought a fully leased, 268,000-square-foot building at 5020 Tuggle Road, in Memphis’ vast Southeast industrial submarket.
When you add all the industrial space leased during 2020 and subtract the new vacancies, the Memphis area experienced a net positive absorption of more than 12 million square feet. The vacancy rate fell to 5%, and 12 million square feet of more space is under construction.
Completed in 2019 at 6200 Global as the city’s first spec warehouse in 11 years, the 421,000-square-foot, Class A facility quickly landed a tenant and has just sold for a second time. And, several other speculative logistics centers in Memphis are in the pipeline.
A panel of experts shared their insights on how the pandemic has affected retail, office, industrial and multifamily real estate, and the effects long after COVID-19 is gone.
A South Carolina real estate investment firm just bought the Southwind area's 817,000-square-foot warehouse that had been used for decades by Nike.
In-Rel Properties said in an email that the East Memphis landmark will change ownership due to the outcome of a legal case.
The YMCA of Memphis & the Midsouth confirmed Saturday that it bought and will use as its resource center a 55,888-square-foot office building in Cordova's Goodlett Farms office park.
With Memphis continuing to attract commercial real estate investments, the city is poised to build on its successes for years to come, local experts say.
Industrial vacancy hit an all-time low of 5.4% in the second quarter in the Memphis area due to strong tenant demand for space, according to the CBRE Marketview report.
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