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Q4 U.S. Office Trends: Absorption Rates Up, Vacancy Rates Down

  
  
  
office buildings

By Kevin Thorpe, Chief Economist

The strong economic close to 2014 wasn’t just a fluke. Our fourth quarter office research confirms a robust U.S. economy and office sector. Looking back at the last quarter, a number of economic factors contributed to solid growth in the U.S., including a drop in energy prices, a strong labor market, steady job creation and upward trends in consumer confidence.

Keeping the Wheels of Commerce Moving, Despite the Potholes

  
  
  
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By Jason Tolliver, Regional Vice President 

There are all kinds of holes: the delicious donut hole, the evasive loophole, the refreshing watering hole, the coveted hole-in-one and, of course, the dreaded pothole. We all have problems – mine is the winter pothole. 

New Year, New Beginnings in 2015

  
  
  
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By Joe StettiniusChief Executive of the Americas

Each new year we look forward to a clean slate with the chance to take advantage of fresh beginnings, seize new opportunities and pass even greater milestones.  As Chief Executive of the Americas for DTZ, I am pleased to open 2015 – a year that is predicted to be a robust one for the CRE industry – with nothing but exciting possibilities and bright prospects. With an executive team that includes the leadership of Tod Lickerman, Global CEO of DTZ, and Brett White, former CEO of CBRE Group and our incoming Executive Chairman, our firm is positioned to meet our clients’ needs with the capabilities of a world-class firm while maintaining our commitment to a high-performance culture.

Are FASB and GAAP Finally Catching Up with the Capital Markets?

  
  
  
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By David Kamen, Senior Managing Director

Following the global financial crisis, U.S. and international accounting-standards boards defined their new strategy and proposed rule changes as an effort to increase transparency for investors. In theory, they’re right. Gone would be the distinction between operating and capital leases. Instead, companies will need to account on balance sheets for every material asset and include asset depreciation on income statements.

Tolliver's Take: U.S. Port Congestion Choking Supply Lines

  
  
  
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By Jason Tolliver, Regional Vice President 

Port slowdowns have cascaded through commercial supply chains for months, but things just got serious for sports fans. The beloved bobblehead is the latest victim of West Coast port congestion, with shipments of the wacky wobblers at anchor, forcing franchises around the world of sport to offer fans vouchers instead of the noble nodders. Vouchers instead of bobbleheads? Come on, man.

What Do Gas Prices Have to Do with Holiday Sales?

  
  
  
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By Garrick BrownVP of Research, West Region

After a strong fall of robust economic growth, we are rethinking our original prediction of a 3.5% increase in holiday sales. Since making our initial prediction, research findings and reports have revealed a strong U.S. economy, and the shorter-than-normal holiday shopping season no longer seems to pose the threat once feared to retail sales.

Tolliver's Take: E-commerce Fulfillment Fueling Industrial Demand

  
  
  
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By Jason Tolliver, Regional Vice President 

In honor of Thanksgiving, I’m exceedingly thankful to be a dad. And in preparation for Christmas, it’s important to know that dads know supply chains. Sure, moms are the skilled tacticians of shopping, but we are the logistical linchpin. We hold places in line, we carry things, and we were there.

Three Reasons to be Optimistic About CRE in 2015

  
  
  
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By Kevin Thorpe, Chief Economist

With gas prices falling and consumer spending, home prices and stock values all on the rise, there is plenty of positive economic news in the U.S. right now. What’s more, job growth is currently at a 15-year high with nearly 230,000 new payrolls on the books each month! At this rate, 2015 looks like it will shape up to be a great year ahead.  

[UPDATED: Winners Announced!] Tweet Your Favorite Energy Efficiency Tips

  
  
  
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By Katie Ross, Sustainability Project Manager

UPDATE! Congratulations to our six grand prize winners for your #EnergySmart entries (see the winning entries below). Thanks to everyone who tweeted their favorite energy efficiency tips, nice work!  

This fall, we crowd sourced for savings with a social media contest seeking energy efficiency tips from the public. As an ENERGY STAR Partner of the Year, Cassidy Turley constantly looks for new ways to reduce our energy usage and carbon emissions, as well ways we can engage our tenants, associates and the public. Everyone has their own tricks and approaches to saving energy, and we enjoyed learning about all the creative methods for implementing energy efficiency at work or at home.

Three Ways Weather Impacts Property Operating Expenses

  
  
  
snowy city

By Rebecca Rockey, Economist 

Both businesses and governments recognize that weather is becoming more volatile, and the impact from weather-related events on building operating expenses is also on the rise.  

With these trends in mind, this week our firm released a new white paper, How Weather Impacts Your Building’s Bottom Line. The paper takes a look at how operating expenses of commercial buildings significantly vary based on weather volatility as well as building design and geographic location.

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