A notable transformation is taking place in #Orlando’s office market: tenants are on the hunt for high-quality spaces with top-tier amenities in prime locations. With more interest in trophy buildings, class A availability has risen and led to a decrease in annual asking rent growth. Explore more #office market insights: https://ow.ly/bAQb50PtgRN #AYdifference
Avison Young | US’ Post
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Our industry is constantly moving and shaking. And we're navigating these changes and harnessing the trends shaping our built environments. Our latest Viewpoints issue explores: ⦿ The grocery cold chain's impact on CRE ⦿ Migration patterns reshaping American communities ⦿ NYC office occupancy trends ⦿ The blending of residential and commercial spaces Let's move! 🚗✈️🚆https://ow.ly/thAL50TxFEj #AYdifference
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Did you know that Latinos are the fastest-growing minority group in the U.S.? Now representing nearly one-fifth of the U.S. population, the Latino community saw an impressive ~23% growth between 2010 and 2020. As we celebrate #HispanicHeritageMonth, we recognize the strength, influence, and contributions of Latinos to our business, culture, and innovation. #PioneersOfChange #AYdifference
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Q3 brought the first dip in office space availability we've seen in nearly two years. 🙌 A 20-basis point reduction might not sound huge, but in our industry, it’s a step in the right direction. 🙏 Despite leasing activity slowing, it's great to see larger renewals gaining momentum -- up 14% in sf from 2019. The market is shifting, and it’s worth keeping an eye on. Full Q3 U.S. office market overview here: https://lnkd.in/gn2WFkJ3 #Office #CRE #AYdifference
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Imagine coming to work and feeling truly welcome, exactly as you are. That's the goal of Folx, our Employee Resource Group dedicated to the LGBTQ+ community and allies. Folx goes beyond just offering a helping hand. We're cultivating a strong, inclusive environment where everyone feels comfortable sharing their voice. By amplifying voices often unheard, we're building empathy across our teams, leading to stronger connections and better work! Folx member Zachary Zedd says, "Even if we improve just one person's experience, that's a success." Want to learn more? Read about Folx's impact in our 2023 Impact Report! https://ow.ly/kxip50TIhtY #LGBTHistoryMonth #Allyship #AY2023ImpactReport #AYdifference
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Lost miles, lost opportunities! 🚚❄️ The cold storage challenge in North America’s grocery supply chain is real, and outdated infrastructure costs grocers time, money, and efficiency. With consumer demand for frozen goods surging (Hi Trader Joe's frozen foods 🤤🫶), it's time to rethink how we cool, freeze, and distribute. Building cold storage closer to urban centers isn’t just good business, it’s essential to meeting sustainability goals and reducing carbon footprints. Explore Lost miles: the cold storage challenge in North America’s grocery supply chain: https://ow.ly/88bF50THbLJ #SupplyChain #ColdStorage #Logistics #AYdifference
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Steady growth in top 100 U.S. metros fuels medical office building boom https://lnkd.in/eim4ZFvT The demand for Medical Office Buildings (MOBs) across the top 100 U.S. metros is rising. Since Q2 2021, we've seen consistent growth, with inventory expanding by 0.3% each quarter. Occupancy rates have increased by 140 basis points to nearly 93%, despite delivering new space! 🏥📈 As healthcare needs evolve, MOBs are well-positioned for strong leasing momentum heading into 2025. #Healthcare #AYdifference
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When a business finds the perfect fit in a community, it creates a powerful ripple effect of positive change. Take Terre Haute, for example. After a longstanding industrial business shut down, the town was left with a vacant building and an unemployed, skilled workforce struggling to support their families. For years, the community faced uncertainty -- until we partnered with Entek, a battery components manufacturer, looking to build a new facility to meet North America's growing demand for battery separators. It was a perfect match! When we help businesses find the right community, the impact is limitless. 😮💨👏 This is why we do what we do -- driving real, lasting change that transforms neighborhoods and futures, far beyond just brick and mortar. Here are three ways inward investments can make an impact on a community: https://ow.ly/oq9u50TGnbo #CommunityImpact #InwardInvestment #AY2023ImpactReport #AYdifference
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Ever thought about how far your food travels before it lands on your plate? 🚛🥦 Our groceries often take a longer route than necessary due to inefficient distribution networks. Forward-thinking companies and major retailers are stepping up with solutions like automated fulfillment centers and strategically placed facilities, paving the way for smarter, more sustainable distribution practices. Our experts Warren D'Souza, Peter Kroner, and Meghann Martindale dive into "ghost miles" and the cold storage supply chain. Catch the full insights here: Retail Insider https://lnkd.in/gFfjZdvx #Retail #SupplyChain #AYdifference
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A heartfelt thank you to Ret. USAF Colonel Gil Coronado, the Padrino (Godfather) of Hispanic Heritage Month, for joining us as our special guest during our Hispanic Heritage Month event! We were truly moved by his story -- a journey of perseverance, service, and pride in his heritage. Col. Coronado has paved the way for future generations to embrace their roots and lead with purpose. We also encourage you to check out his book Barrio Boy -- a powerful story of resilience that inspires us all to stand tall in who we are. Thank you, Colonel Coronado, for your unwavering leadership and inspiration! 🙌 #HispanicHeritageMonth #PioneersOfChange #AYdifference
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"We’re laser focused on increasing representation at all levels and creating an environment where every single employee can thrive." One of our proudest achievements at Avison Young is our journey and ongoing commitment to diversity, equity, and inclusion. 💪🤝 We're continually trying to move the needle, from launching the internal "My Perspectives" series, which highlights our team members’ stories and cultures, to creating targeted recruitment programs that broaden our talent pool. With a Board of Directors comprising 60% women and 75% of the UK’s 2024 Principal class being female, we’re excited and dedicated to increasing representation and fostering career mobility for all demographic groups! More from our U.S. HR lead Bethany Marinacci, SHRM - CP in Driving ideas, inclusivity and creativity through DEI: https://ow.ly/wM1050TCfCE #InclusiveWorkplace #RepresentationMatters #AY2023ImpactReport #AYdifference 📸 Hannah Yoon | Women Photograph
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