Cushman & Wakefield is a leader when it comes to providing strategic real estate solutions in Greater Los Angeles and around the globe.
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 48,000 employees in more than 70 countries help occupiers and investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6.9 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory.
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Recent Blog Post
- Looking Beyond Rent. In Tight Market, Landlords Are Drawn to Higher Credit Tenants
By Rick Ellison, SIOR Executive Managing Director, Industrial Brokerage & Global Supply Chain Solutions Cushman & Wakefield In the supply-constrained Southern California industrial markets—which have the tightest vacancies in the nation—landlords are becoming increasingly more selective about new tenants, opting for higher credit and passing over lower credit. This trend is consistent throughout Southern California but most prominent in the infill markets of Los Angeles and Orange County. Historic low vacancy and strong demand from e-commerce related companies are providing landlords the opportunity to improve property value in ways beyond just increasing rents. In today’s landlord favorable market, it’s common for there to be multiple competing lease offers for a single availability. Given the opportunity of choice, landlords are naturally opting for better credit which presumably lowers default risk. Strengthening tenant credit profiles increase a property’s value while making it less vulnerable to an economic correction. Vacancy rates spike during recession, in part, because... Read more »