186 results for “CBD”
Office V Michigan

Newmark Knight Frank: Detroit office market surging

| Dan Rafter

Demand for office space in Detroit continues to rise. The proof? The office vacancy rate in the metropolitan Detroit area fell 30 basis points to 15.2 percent during the first quarter of the year, according to the latest research from Newmark Knight Frank.

Office N Illinois

Beyond the mega-project: How smaller redevelopment projects are shaping the suburban office market

| Steve Wright and Roger Heerema

While some large corporations have bet on the benefits of moving their headquarters downtown, the revival of dozens of suburban office buildings is convincing many other companies to remain in the suburbs and enjoy the urban feel of a redevelopment. Today’s employees appreciate a workplace that allows for activity-based work and amenities t…

CRE V Michigan

Cushman & Wakefield's Keais: Born, raised and thriving in Detroit

| Dan Rafter

Garrett Keais has worked in commercial real estate for nearly three decades. During this time, he’s regularly ranked as a top producer and has managed the real estate portfolios of several multi-billion-dollar financial institutions. Today, he is one of the leaders in Detroit’s commercial industry, working as a managing principal with the S…

CRE N Illinois

For cap rates, stability the driving force

| Matt Baker

During the second half of 2018, capitalization rates broadly remained stable, buoyed by a trio of macro factors—positive economic growth, abundant capital and a favorable supply/demand environment. This held true in the Chicago market, where only industrial saw a modest drop.

Office Q Kentucky

Louisville's office market poised for strong 2019

| Dan Rafter

Louisville’s office market ended 2018 with its third consecutive quarter of positive absorption, according to the Office MarketView report released earlier this year by CBRE. The report said that the Louisville region saw 128,804 square feet of office space absorbed in the fourth quarter of 2018.