Victor Jung’s Post

In a recent article from BE News, new data from Re-Leased shows that average lease lengths in the UK office and retail sectors are on the rise, with office leases increasing by 27% to 3.7 years and retail leases up by 32% to 49 months in Q1 2024. We see this trend as a positive indicator of stability and strategic planning in the commercial real estate market. As businesses and property owners adapt to new conditions, longer leases reflect a growing commitment to long-term growth and security. https://bit.ly/4clxRfb

NYC Landlord to Sell Manhattan Office at Roughly 67% Discount - BNN Bloomberg 🏙️ The commercial real estate market in NYC is struggling, but savvy investors see this as an opportunity to make smart moves. 💰 With landlords selling office spaces at a 67% discount, now is the time to seize the moment and invest in the Big Apple's prime real estate. 🍎 Don't miss out on the potential for high returns and long-term stability. 📈 Stay ahead of the game and keep an eye on the market for great deals like this one. 💼 Let's make smart investments together and reap the rewards. 🤝 #NYCRealEstate #OpportunityKnocks #SavvyInvesting #CommercialMarket #BigAppleInvestments #RealEstateBoom 📊

🏙 The U.S. Office Market: Signs of Stabilization Amid Major Discount Sales 🏙 As we continue to track real estate trends, there are some promising signs for the U.S. office market. After significant disruptions and sharp discount sales, new data suggests that the sector may be showing signs of bottoming out. According to Reuters, large discount sales in key markets have allowed investors to re-enter the space, potentially signaling a gradual recovery in office demand and values. Interested in how this could impact future investments or property valuations? Read more about these developments here ⤵ #RealEstate #PropertyManagement #OfficeMarket #MarketTrends #CommercialRealEstate #Investments #RealEstateNews

Good to see there has been an increase by 27% of the average UK office lease length in Q1 2024 compared to Q1 2023, with an increase by 32% during the same period for retail lease lengths. This is a positive sign for the commercial real estate market and will hopefully give investors further confidence throughout the rest of 2024, that there is still a strong desire for business and retailer owners to have long term leases in place to support growth. #reedfinance #commercialrealestate #realestatefinance https://lnkd.in/ea9M-Pzc

The economic aftermath of the post-COVID-19 pandemic and concurrent interest rate hikes have left their mark on Los Angeles' major sales markets. One striking trend is the inverse relationship between sales volume and price per square foot. Despite retail traditionally showing lower quarterly sales volume, it's currently seeing some of the highest price per square feet in the last two decades. On the other hand, product types like office spaces, characterized by high vacancy rates and low leased square footage, are experiencing historically low sales volume and values. Great analysis from Sebastian Bernt, Analyst out of our West Los Angeles office. #LosAngelesRealEstate #MarketTrends #AvisonYoung #RealEstate

𝗠𝗼𝗻𝗱𝗮𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗻𝗮𝗽𝘀𝗵𝗼𝘁: 📉 With interest rates showing signs of stabilizing, we’re seeing increased activity in retail and office leasing. Tenants are starting to lock in better terms, and landlords have an opportunity to fill long-vacant spaces. Is this the start of a rebound? Let’s keep an eye on the data this week. #CRE #RetailRealEstate #OfficeLeasing

People often ask which type of real estate is best for investors. Personally, I focus on residential income properties because they’ve consistently proven to be stable over time. Unlike retail real estate, which has been disrupted by online shopping, or office spaces impacted by the rise of remote work and cost-cutting measures, residential real estate remains essential. People will always need a place to live!! #RealEstateInvesting #ResidentialProperties #IncomeStability #SmartInvestments #RealEstateTips #F1RE #forwardone #forwardonerealestate

Will tech and AI drive a resurgence in office leasing, or will another industry lead the way? https://lnkd.in/gpSFKAVM Read more about top trends for office, retail, industrial, multifamily, and R&D sectors in our 2Q 2024 Bay Area Commercial Real Estate Market Reports in the link above. #CRE #CommercialRealEstate #BayAreaCRE #MarketTrends #OfficeCRE #IndustrialCRE #RetailCRE #Multifamily #KMresearch #KidderMathews

🚀 Ready to Lease Your Perfect Space? Here’s What You Need to Know! 🚀 I've been working closely with tenants recently, and I’ve noticed there are three key things to prepare for before starting your leasing journey: 1️⃣ Get Your Financials in Order: Landlords will want to see your financials or pro-forma statements to assess your creditworthiness. Being prepared can make all the difference! 2️⃣ Define Your Needs: What type of space do you need? What size? Which location? If you're unsure, that's where I come in! As a broker, I can help you clarify and find the perfect fit. 3️⃣ Know Your Budget: Be clear about your all-in max budget for rent. There might be additional costs (insert triple nets!), so it's crucial to know your limits to avoid any surprises. I specialize in helping office and retail tenants find their ideal spaces in the PDX Metro area. Have questions or need guidance? Drop me an email! Let’s find your perfect space together. 📧 [email protected] #CommercialRealEstate #Leasing #OfficeSpace #RetailSpace #RealEstateBroker #TenantRepresentation

Exciting developments in the office market! We've observed a narrowing bid/ask spread, which has driven a noticeable increase in transaction volume. In fact, office properties have emerged as the top-selling asset class on Ten-X, with an impressive 122 office assets sold year-to-date. This trend suggests we may have reached a market bottom, allowing both buyers and sellers to price these assets more accurately. If you have an office property that needs to sell, now is the time to leverage Ten-X to attract multiple competitive offers. Interested in exploring recent success stories? Don’t hesitate to reach out for insightful Ten-X case studies!