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All About Commercial Real Estate

CUSHWAKE RANKED #1 BY BEST OF NLJ FOR 5TH YEAR

For the fifth year in a row, Cushman & Wakefield has been ranked #1 in the Commercial Real Estate Firm: Tenant Representation category of the Best of The National Law Journal (NLJ) survey. Cushman & Wakefield was also ranked #1 in Property Management and Brokerage, sweeping the real estate categories for the second time in this prestigious survey.

The Best of NLJ is a reader ranking survey of the top providers to the legal marketplace. The survey encompasses all important aspects in the practice of law and the winners highlight the businesses and individuals who garnered the most votes from members of the legal community.

“Being ranked #1 by The National Law Journal five years in row is a true testament to the hard work and dedication of the members of our Legal Sector Advisory Group,” said Sherry Cushman, Leader of Cushman & Wakefield’s Legal Sector Advisory Group (LSAG). “Our unique combination of strategic advisory services and proprietary thought leadership have made us leaders and trusted advisors to the legal sector locally, nationally, and globally.”

For more information on the Best of The National Law Journal 2018 reader survey, visit https://www.law.com/nationallawjournal/.

COWORKING 2018 – THE FLEXIBLE WORKPLACE EVOLVES

The rise of the flexible workplace has been one of the driving factors of recent positive office performance, particularly in Central London.

Across Central London alone, flexible workplace providers have taken nearly 20% of office space, while competition in the regional cities is intensifying.

In response to such growth, industry stakeholders are rapidly examining their approach not only to the sector but also to flexibility in general.

How will this fast growing sub sector evolve and what does it mean for traditional office space? In this report, we consider how the sector has expanded across Central London and the UK regions and how business models from both operators and landlords are adapting to changing customer demands.

Click the photo below to read the full report.

 

Strong…Getting Stronger

The U.S. economy is strengthening. All signs point to this being the longest expansion in the post-WWII era. Recent tax cuts will juice growth in the near-term, but will also put pressure on interest rates and inflation. Commercial real estate is expected to perform well in the aggregate, but will be intensely uneven from one geography/product type to the next.
OFFICE: Growing supply and slowing demand to cross paths—vacancy will rise in most major markets. 

INDUSTRIAL: Net absorption is set to exceed 600 msf over the next three years.

RETAIL: Up to 25 at-risk retailers may file bankruptcy in 2018, but there are bright spots.

CAPITAL MARKETS: Primed with momentum and more capital, therefore interest rates should settle in.

See the full report here

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