“Typical real estate broker processing, costs companies millions in Corporate Real Estate leasing expense”

Ken Ward Business Trends

“How to avoid forfeiting millions to your Landlord during a lease renewal or a new facility lease negotiation” For more than four decades, the overwhelming majority of professionals working throughout the commercial real estate industry have been and continue to be employed by landlords. Every year thousands of property managers, architects, contractors, construction professionals, and national real estate brokers, aggressively …

U.S. Office Vacancy Rises for First Time Since 2010 as Construction Peaks and Rent Growth Slows

Ken Ward Business Trends

Though Office Rent Growth Clearly Decelerating, Occupancy  and RentsRemain at Highest Absolute Levels on Record The U.S. office vacancy ticked up 0.1% in the first three months of 2017 to 10.3% marking the first quarterly increase since 2010. Total net absorption in the US office market slipped approximately 9% from the same period a year ago as developers added an …

Landlord Tactics Adjusted to Meet Investor Demand

Ken Ward Business Trends

Flood of Big Money Chasing Multi-Property Deals Resulting in Single-Asset Sales Set Aside in Favor of Bundled Package Offerings A decade after the largest commercial real estate transaction on record, a torrent of global capital chasing a limited number of large real estate portfolios is fueling a shift in sales tactics following years of investment volumes skewed toward sales of …

Increasingly Broad-Based Office Recovery Leads to Sunbelt Growth Markets Shine in Third Quarter

Ken Ward Business Trends

Drawn Out Office Recovery Expected to Last Another Two Years Driven by Steady Job Growth in Former Housing Bust, High Population U.S. Metros Driven this year by solid office demand growth in Sunbelt markets across the country, the national office occupancy rate is expected to increase into 2018 as such metros as Phoenix, Los Angeles, Atlanta and Miami enjoy net …

U.S. Office Sales Boost Expected, Post-Brexit Foreign Investor Flight

Ken Ward Business Trends

Midyear Update: Defensive Portfolio Repositioning May Benefit U.S. Property Market in Second Half of 2016 The U.S. office market continued to record strong demand as measured in both occupancy and rent growth at midyear, and analysts even found optimism in the slowing trend in investment sales activity seen year-to-date. Office net absorption rebounded from a slow first quarter, matching year-earlier …

U.S. Office Market Turning Point

Ken Ward Business Trends

Most Markets Continue to Enjoy Steady Growth in Demand and Rental Rates, Although Rate of Increases Beginning to Moderate The U.S. office market appears to be at the stage in the real estate cycle that analysts often describe as a turning point or tipping point. Overall, the U.S. office market continued to post solid fundamentals during the first quarter, including …

Despite Rent Hikes, Prologis Dials Back Development

Ken Ward Business Trends

Execs at Global Industrial Space REIT Acknowledge Playing Defense in Some Markets Even as 27% U.S. Rent Growth Suggest Industrial Real Estate’s Market Run is Far from Over Prologis (NYSE: PLD), the largest global industrial property REIT, reported record rent gains and leasing activity across its portfolio in the first quarter as a deceleration of the company’s development activities helped …

U.S. Office Employment enjoys Largest Quarterly Increase since 2014

Ken Ward Business Trends

Demand Pulls Back in First Quarter as Cautious Office Tenants Play Wait-and-See on Expansion, Relocation Plans U.S. office employment posted the largest quarterly increase in more than a year in the fourth quarter of 2015. The office employment growth was especially strong in second-tier and lower-cost tech markets, such as Salt Lake City, Austin and San Diego posted the strongest …

More M&A Deal Making on Tap for 2016

Ken Ward Business Trends

Investors, Activists Target Eight REITs and Real Estate-Related Corporations in Past Two Weeks Based on activity this past week, it looks like the same trends and players that drove commercial real estate mergers and acquisitions in 2015 are set to produce another strong year of deal making — and arm-twisting by investor activists. At least eight real estate companies, REITs …

Finally: FASB Releases New Lease Accounting Standards

Ken Ward Business Trends

Though New Rules Don’t Go Into Effect Until 2019, Experts Say Long-Term Leases and Company Financial Reporting Could Potentially Be Affected Much Sooner The Financial Accounting Standards Board (FASB) this morning released long-awaited changes to financial reporting standards that will require companies to capitalize their real estate and equipment leases — a dramatic accounting shift that could potentially affect how …