News and Insights
Streaming War-Era Leasing Changes Offer A Buffer For Studio Landlords As Hollywood Strikes Shut Down
The now-concurrent strikes of two national unions representing writers and actors for major entertainment producers like Paramount and Netflix have the potential to dramatically alter the way Hollywood works and are squeezing media companies at a time when they are under increasing pressure to perform and be profitable.
Studios Rise in Sylmar
Sonnet Hui, a vice president and general manager of Project Management Advisors, said studios were close to 100% occupied coming out of the pandemic. “They are in high demand because people are looking for content and content creation and entertainment,” she said.
Resort Living is the New Luxury Staple
Whether you are a young business professional or retiree looking for an all-encompassing living experience, these contemporary urban residences are intriguing to those looking for an all-inclusive living experience.
Squeal with Delight at Peppa Pig’s New Dallas Area Theme Park
Our Austin team recently celebrated a pink-hued groundbreaking ceremony for the new Peppa Pig Theme Park in North Richland Hills, Texas.
Regulations, Rising Costs Limit Affordable Housing Availability
In 2022, the National Association of Home Builders and the National Multifamily Housing Council issued a joint report that found a staggering 40.6 percent of development costs can be attributed to regulations imposed by all levels of government. While many of these requirements are good intentioned—and some are absolutely necessary—an increasingly complex patchwork of development regulations has suppressed the supply of new housing stock and made housing less affordable across the board, with increased costs being passed on to tenants in the form of higher monthly rents.
As the Commercial Market Falls Apart, These Three Assets Could Be Your Next Big Opportunity
Offices across the country are still sitting empty. The nationwide office vacancy rate reached a high of about 20% in the first quarter of 2023, according to JLL, and while big tech companies are pressuring workers to return to the office, the hybrid work model has led to an increase in commercial office delinquencies. According to Trepp, a real estate analytics firm, the office delinquency rate surged 125 basis points in May to over 4%.
Amenities Becoming a Key Element to Healthcare Facilities
Boosting amenities offerings are being given strong consideration for healthcare facilities as a way to create a more positive experience for the patient, leading them to be more likely to choose that provider thereafter, according to a new report from JLL.
Building Activation: Four Tactics for Success
Healthcare construction projects — whether it is building a new facility from the ground up or renovating an existing property — are notoriously complicated. And construction is only the first step. Once the project has reached the point of substantial completion, it is time to start planning for building activation.
PMA Welcomes Eric Hoffman | People on the Move
Eric Hoffman joins PMA’s Chicago office with a focus on leading large-scale real estate, design, construction and facilities operations projects in the healthcare space.
Danny O’Shea | People on The Move
Danny O’Shea joins PMA as a San Francisco-based senior real estate executive with more than 35 years of experience in the development, design and construction of large, complex projects.
Office-to-Life Science Conversions: High Demand, Lower Cost, Faster Deliver
Given a marked flight-to-quality and declining demand for office space overall, older office assets are increasingly being converted to other uses. And of the 125 office conversion projects currently underway,...
Making the Streets Come Alive
Apartment mixed-use community demand and innovation draw in and expand their neighborhoods. Mixed-use apartment communities no longer are just a few stories of apartments, a coffee shop and maybe a...
