National

Office Report: Sector Faces Ongoing Challenges Into 2025

Vacancy reductions will likely stem from shrinking stock, not rising occupancy, the latest CommercialEdge report shows.

Fed Chair Jerome Powell speaks at the Jan. 29 press conference.

Fed Leaves Interest Rates Alone

“We don’t feel like we need to be in a hurry to make any adjustments,” Fed Chair Powell said.

A chart depicting 5-year-over-year office visit recovery rates from 2019 through 2024.

Placer.ai Office Index—2024 Recap

Find out how visits are trending in major cities.

Office sales volumes in 2023 and 2024

2024 Office Sales Volume Drops, Prices Increase

Office sales totaled more than $9 billion in the last quarter of 2024, CommercialEdge shows.

Outside rendering of The Bluhawk in Overland Park, Kan., a retail center

Retail Development Is Bouncing Back, but the Game Has Changed

New consumer patterns are reshaping site selection, design and data gathering.

Office vacancy rates in December 2024

2024 Office Vacancy Update

How major markets are faring amid challenges, according to CommercialEdge.

Rendering of PowerHouse and Harrison Street's data center project in Reno, Nev.

Harrison Street Raises $600M for Data Center Investment  

This is the firm’s first pool of capital dedicated to this sector.

Exterior shot of AT&T's central office in Kalamazoo, Mich.

AT&T Signs $850M Sale-Leaseback With Reign Capital

This deal is several times larger than its 2021 counterpart.

https://www.construction.com/blog/the-expansion-explosion-insights-into-the-data-center-construction-boom/

The Stargate Project Promises a Data Center Boom. Can It Deliver?

Power is the main issue, but construction resources and site allocations present additional challenges.

Employment data through December 2024

2024 Employment Picture

The latest year-over-year comparison by the Bureau of Labor Statistics, updated monthly.