Central Valley Commercial Real Estate Blog

10-year Treasury Yield

2011-08-09T13:20:00.000-07:00

The historic events of the past week are best viewed as an aftershock -- the most serious one yet -- of the 2008-09 financial crisis. There is no shortage of economic variables that describe what is...

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Unique industrial sublease at former Air Force base

2011-07-19T12:36:00.000-07:00

Located at McClellan Park in Sacramento, this +/-142, 978 square foot fully insulated former light manufacturing space is currently available for sublease. The suite boasts +/-20,000 square feet...

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U.S. Intermodal Container Traffic

2011-07-07T12:21:00.000-07:00

During the first week of a new quarter, when the previous quarter’s statistics are old news and new numbers are not yet available, the newly released statistics by the Intermodal Association of North...

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Drivers of Industrial Demand

2011-06-29T14:50:00.000-07:00

In April and May, every statistic that is relevant to demand for industrial space has decelerated. Industrial production grew just 0.1 percent after growing 0.4 percent in the first quarter and...

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Real Annual Gross Domestic Product

2011-06-28T11:01:00.000-07:00

Historic & Forecast The Federal Reserve released its quarterly summary of economic projections last week, reducing its forecast of GDP and raising its forecast of the unemployment rate in 2011...

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State Employment Change

2011-06-22T13:58:00.000-07:00

Year-to-date Through May (thousands) Four of the five states posting the strongest job creation numbers year-to-date were also among the hardest-hit states during the recession. California and...

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Outstanding Commercial & Industrial Loans

2011-06-13T16:11:00.000-07:00

All Commercial Banks, Seasonally Adjusted The value of commercial and industrial loans, i.e. business loans, on the balance sheets of U.S. commercial banks has been on the rebound since last fall, a...

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Good News Friday

2011-06-10T09:51:00.000-07:00

Planes, Trains & Automobiles (and Ships and Trucks) - by Robert Bach, Senior Vice President, Chief Economist - Grubb & Ellis Exports are a bright spot for the economy, increasing by 1.2...

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ISM Indexes

2011-06-09T13:47:00.000-07:00

The Institute for Supply Management maintains two indexes, one for the manufacturing sector and a non-manufacturing index that measures service industries. Based on surveys of purchasing managers,...

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Real Disposable Personal Income & Personal Consumption Expenditures

2011-06-02T09:37:00.000-07:00

Monthly Percent Change, Seasonally Adjusted Personal income and consumer spending growth were weak in April, underscoring a big reason for the economy's recent soft patch. Real disposable personal...

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Good News Friday

2011-05-27T09:06:00.000-07:00

Bringing It All Together - by Robert Bach, Senior Vice President, Chief Economist - Grubb & Ellis Some analysts are concerned that the U.S. economy will weaken over the next few quarters as a...

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CRE Net Sales by Investor Type

2011-05-24T09:45:00.000-07:00

Publicly traded REITs have bulked up over the past four quarters. They have acquired commercial properties valued at $22.5 billion, more than doubling dispositions totaling $10.8 billion, for a net...

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Good News Friday

2011-05-20T11:13:00.000-07:00

The Contrarian by Robert Bach, Senior Vice President, Chief Economist - Grubb & Ellis At a time when analysts have been downgrading their outlooks due to high oil prices and global ...

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Supply & Demand for Commercial RE Loans

2011-05-18T16:15:00.000-07:00

Banks are slowly ramping up their commercial real estate lending according to the Federal Reserve’s quarterly Senior Loan Officer Opinion Survey on Bank Lending Practices. In the recently released...

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Good News Friday

2011-04-15T11:09:00.000-07:00

The Rodney Dangerfield of Commercial Real Estate by Robert Bach, Senior Vice President, Chief Economist - Grubb & Ellis Industrial has always been the least glamorous property type and yet in...

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Average Price Per Gallon of Regular Gas

2011-04-11T15:29:00.000-07:00

Gasoline prices continued to march higher last week, averaging $3.684 per gallon of regular. Demand from emerging markets such as China, India and Brazil combined with geopolitical instability in...

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Vacancy Rates in Stockton Industrial Real Estate

2011-04-06T15:53:00.000-07:00

Source: CoStar Bldgs 50,000 SF to 199,999 SF During the 1st Quarter of 2011, the vacancy rate for industrial properties in the greater San Joaquin County area between 50,000 square feet and 199,999...

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Listing Alert: Galt Warehouse for Sale or Lease

2011-03-31T15:17:00.000-07:00

Have you been looking to lease warehouse space near Stockton or Sacramento, but just can’t seem to find the right fit? Did you know that it is now possible to own a commercial property for a...

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Personal Income and Consumption (Percent Change from Preceding Month)

2011-03-28T16:04:00.000-07:00

Personal income increased moderately in February by 0.3 percent, down from January's spike of 1.2 percent caused by the reduction in employee contributions to social security that kicked in at the...

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Household Debt as Percentage of Disposable Personal Income

2011-03-15T16:29:00.000-07:00

Households are deleveraging at a rapid pace according to the Federal Reserve. Total mortgage, consumer and other debt owed by households fell to $13.4 trillion in the fourth quarter of 2010, down...

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Weekly U.S. Crude Oil Price

2011-03-02T08:58:00.000-08:00

Crude oil closed on Friday at $97.89 per barrel, well below the peak of $145.31 that occurred in July 2008. Several economists have suggested that if prices remain above $120 or $125 for a...

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Retail Sales - Monthly Percent Change, Seasonally Adjusted

2011-02-23T15:39:00.000-08:00

Retail sales rose a disappointing 0.3 percent in January compared with December while core sales, which exclude vehicles and gasoline, increased 0.2 percent. The weakness stemmed from the terrible...

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Good News Friday

2011-02-18T15:37:00.000-08:00

Silver Lining by Robert Bach, Senior Vice President, Chief Economist - Grubb & Ellis The chatter on the economic front lately has been about inflation. We’re feeling it in the form of higher...

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Just Listed: Distrbution Space for Lease in Stockton

2011-02-10T14:07:00.000-08:00

The Central Valley Commercial team is pleased to announce the listing of approximately 375,238 square feet of warehouse distribution space in three separate buildings on N. Gertrude Avenue in...

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ISM Indexes

2011-02-09T16:40:00.000-08:00

The Institute for Supply Management maintains two indexes measuring business conditions, one for the manufacturing sector and a non-manufacturing index that measures the service sectors. Both...

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