The office space market is facing challenges including rising delinquencies and potential defaults. Up to 30% of all loans for office properties are set to mature by the end of 2026, posing a great challenge…
Author: Lucian Alixandrescu
Our mid-year industrial construction report outlines a switch from logistical centers and warehouses to manufacturing plants, including EV factories and semiconductor fabs, in the second half of 2024.
At the end of May, the national listing rate for office space rested at $37.72 per square foot, six cents above the previous month but still down year-over-year. San Diego saw the largest drop in…
At the end of May, vacancy rates continued climbing in Western tech markets, while there are indications that the glut of life sciences space may lead to oversupply in select areas.
In April 2024, several U.S. office markets saw their debt service coverage ratios below 1 or between 1 and the 1.25 minimum required by most lenders, indicating potential future distress in the industry. At the…
The CHIPS and Science act in conjunction with other government initiatives to bring manufacturing capacity back to U.S. soil are leading to an unprecedented spike in construction of manufacturing space. We set out to rank…
In March 2024, several markets recorded vacancies above 20% as the national office vacancy rate ticked up to 18.2%. New construction starts are also significantly lower than previous years, indicating further struggle in the office…
With office property sales totaling $3.6 billion year-to-date, the market continues navigating ongoing challenges. Washington, D.C. recorded the largest sales volume nationwide, mostly driven by a single high-profile headquarters relocation.
With 92.7 million square feet of office space currently under construction, new starts have seen a steep decline since before the pandemic. Still, the industry has silver linings, the foremost of which is a booming…
A recent office report highlights how office properties continue seeing dropping valuations, which is also manifesting in a drop in office occupancy and listing rates.
