San Francisco continues to hold its position as the West Coast’s most expensive office market with asking rents averaging $66.93 per square foot — just behind Manhattan — according to the latest CommercialEdge national office…
Category: Commercial Real Estate Reports
As the office market continues to deal with low demand since the widespread adoption of remote work, some building owners are looking toward alternative ways of covering overheads and boosting the profitability of their properties.…
We ranked the best cities for mixing working from home (WFH) with working from the office (WFO) based on a set of metrics relevant to each work model. From Florida to Washington and everywhere in…
The space currently under construction nationally adds up to an expansion of current stocks of only 1.1%, as high lending rates and low demand continues lowering office space development.
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…
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…
The June industrial report from CommercialEdge highlights a persistent decline in the under-construction pipeline with fewer new projects starting than at any time in the last decade. Specifically, since the beginning of the year, 177.8…
Despite the ongoing normalization of demand and the shrinking industrial construction pipeline, the valuation of industrial space continues to increase. According to CommercialEdge’s industrial report for June (as of May 2024), the national average sales…
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.
Key Takeaways: With 7.8 million square feet under construction, Phoenix West leads the nation with the largest industrial construction pipeline among the top 100 largest submarkets. Nine Southern submarkets secured spots within the top 20…
