Randyl Drummer

5 days ago | costar.com | Randyl Drummer

The Trump administration’s shifting tariff policy is prompting logistics companies and some related businesses to hit pause on expansion for industrial property, threatening the bottom lines of landlords, developers and brokers. Warehouse owners including Prologis, First Industrial Realty Trust and Rexford Industrial, and global real estate brokerage Colliers, said tenants began delaying decisions on new leases after what had been a strong start in the first few weeks of the year.

6 days ago | costar.com | Randyl Drummer

The Trump administration’s shifting tariff policy is prompting logistics companies and related businesses to hit pause on expansion for industrial real estate, threatening the bottom lines of landlords, developers and brokers. Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is available exclusively to CoStar subscribers. Sign Up For a Demo To Learn More. Explore CoStarAlready A Subscriber?

1 week ago | costar.com | Randyl Drummer

JLL and Marcus & Millichap posted higher revenue and deal volume as executives monitor the effects of shifting trade policy and macroeconomic uncertainty on their clients. Chicago-based JLL posted a $55.3 million first-quarter profit driven by a 13% jump in revenue to $5.7 billion from the year-earlier period, fueled by a surge in office and industrial leasing, sales and financing. Revenue for both firms exceeded analysts' expectations.

1 week ago | costar.com | Randyl Drummer

Colliers posted a 16% jump in revenue as growth in the global real estate services firm’s burgeoning engineering business helped offset a first-quarter decline in leasing. Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is available exclusively to CoStar subscribers. Sign Up For a Demo To Learn More. Explore CoStarAlready A Subscriber? Sign InHave feedback or questions? Email us at [email protected]

1 week ago | costar.com | Randyl Drummer

National investment sales brokerage Marcus & Millichap has made several leadership changes, including the creation of new C-suite positions and promotions of executives, as part of a management reorganization aimed at increasing sales and streamlining decision-making. The Calabasas, California-based firm promoted J.D. Parker to the new national role of firmwide chief operating officer.