CommercialEdge Reports
Life Sciences Boom Keeps Office Afloat
Investment in the subsector is expected to surpass last year’s $70 billion.
Industrial Construction Ramps Up
Despite 500 million square feet underway nationally, the appetite for development has shown no signs of decreasing, the latest CommercialEdge report shows.
Office Asking Rates Rise Amid Falling Vacancies
Only Seattle and San Francisco recorded a significant increase in office vacancy among the top 25 markets covered by CommercialEdge.
National Industrial Report – July 2021
With 2021 on pace to beat last year’s record transactions, the sector is sizzling. CommercialEdge gives the midyear highlights.
Demand for Specialty Product Boosts Office Sector
Although still facing an uphill climb, the national office market showed some positive signs, as average vacancy stabilized and lab space drove leasing activity.
Industrial Rents, Investment Soar
Tenants have been paying a premium for new leases in nearly all major markets during the past 12 months, while investors’ appetite for sale-leaseback transactions has been increasing.
E-Commerce Continues Driving Industrial Growth
As rents rise in land-constrained coastal markets, developers are shifting their focus inland, the latest CommercialEdge report shows.
Rising Sublease Rates Boost Office Vacancy
Available sublease space more than doubled in 20 of the top 30 markets covered by CommercialEdge.
Industrial Demand Builds Inland
Accelerated absorption kept vacancies low and rents growing, while development continued its shift toward markets with greater land availability, the latest CommercialEdge report shows.
Tech Sector Leads the Way Back to the Office
The push comes as all major markets continue to record double-digit vacancy, CommercialEdge reports.