Early 2025 finds the U.S. office market dealing with an increase in distressed property sales and stubbornly high vacancy rates: First-quarter data in the latest office report from CommercialEdge confirms that the expected rise in…
The New Jersey industrial market started the year strong in both sales volume and pricing. According to CommercialEdge’s March industrial report, industrial properties in the state traded at an average of $339 per square foot…
Clarion Partners has acquired a 301,000-square-foot industrial property in southeast Baltimore for $85.5 million. The facility, located at 1201 S. Caton Ave., was purchased from developer MRP Industrial, as first reported by The Business Journals.…
Chicago’s office market continues to face distress-driven pricing with sale prices falling sharply. According to CommercialEdge, through February 2025, office assets traded at an average of $67 per square foot — the second-lowest among major…
Private equity giant Blackstone has agreed to acquire a 6-million-square-foot industrial portfolio from Crow Holdings for $718 million. The deal covers 25 Class A properties concentrated in the Dallas and Houston metros. Crow Holdings, which…
It’s safe to say at this point that the tariffs imposed by the new U.S. administration on China, Mexico, Canada and others have injected further uncertainty into the U.S. industrial sector. Specifically, short-term effects are…
The latest U.S. office report from CommercialEdge highlights strong liquidity inflows, stabilizing vacancies in many cities and a slight uptick in rents. Specifically, the national average full-service equivalent listing rate for office space hit $33.41…
Manhattan’s office market continues to show signs of a comeback. Vacancy rates are tightening, investor confidence is growing and major companies are recommitting to the city’s office spaces. At the forefront of this shift is…
Dallas-Fort Worth finished 2024 as the leader in industrial property sales with nearly $6 billion in transactions by year-end. First, it claimed the top spot in September, replacing the Bay Area. Then, by the close…
Savannah now leads in terms of industrial space in the pipeline as nationwide construction continues slowing. Electric vehicle factories and chip plants now dominate the ranking of largest properties currently underway.
