Commercial real estate news covering office, retail, industrial and multifamily markets, valuations, CRE debt, and investment trends.
Los Angeles ranked 20th-lowest globally and 11th-lowest among 34 U.S. cities in Gensler's 2026 City Pulse report, with only 65% of residents finding DTLA vibrant. Only 58% found beauty in downtown, and the city received a 60% welcoming score.
Garbe formed Berkeley Garbe LLC with Boston-based Berkeley Investments to develop industrial, multifamily, and renewable energy projects in New England. The partnership builds on over $1 billion in prior deals since the early 2000s.
This commentary argues that downtown Denver's commercial real estate distress, characterized by high vacancy rates and foreclosures, presents a unique investment opportunity for developers and the city. It contends that office-to-residential conversions, supported by public financing, can revitalize the urban core and restore vibrancy.