Beyond SQUARE FEET

Corporate Real Estate Solutions | Workplace Strategy | Tenant Representation


Five Trends in Commercial Real Estate to Watch in 2017

The U.S. property market landscape in 2017 will be characterized by continued strong fundamentals, increased investment flows, and high transaction volume. The broader U.S. economy should continue to grow moderately and add jobs. U.S. employment gains continue to be strong, with unemployment dropping below 5 percent in 2016, adding to demand for commercial real estate in a variety of sectors.

Many are surprised that the economy has not reached the end of the current growth cycle, but the fact that the recovery was so protracted and growth relatively anemic over the past seven years leads us to believe that the economy may have another two years left in the current growth cycle. full article

 


Kilroy Breaks Ground on One Paseo in Carmel Valley

Kilroy Realty Corp. has begun construction on One Paseo, the developer’s $660 million mixed-use project in Carmel Valley. The 23.6-acre, multi-phase development is slated to include shops, restaurants, apartments, offices and public plazas.

Local government and business leaders held a ground-breaking ceremony Jan. 25 at Kilroy’s existing The Heights Del Mar office campus, located directly south of the One Paseo project site off Del Mar Heights Road near Interstate 5…full article