Research Center

Development

The retail sector peaked in May 2014 at 52.5 million square feet, but experienced a 27 percent decline in construction in the following year.

Industrial Demand

The new orders for all manufacturing industries decreased on a month-over-month basis by 9.5 percent or nearly $48 billion.

Employment Picture

For unemployment, the most significant decrease was in the Farming, Fishing and Forestry occupations with 28.3 percent. The overall unemployment rate dropped 8.9 percent year-over-year.

National Vacancies

Forecasts show that net absorption is expected to rise in the first quarter of 2018 only in the West region (33.5 percent) and is expected to decrease in the rest of the regions.

CMBS Delinquencies

Retail properties had the largest decline, at $639 million, while office decreased by $518 million.

REIT Returns

Among the SNL U.S. REIT sector indexes, the manufactured homes sector recorded the highest one-year total return at 23.5 percent, beating the broader U.S. Equity REIT index by 18.4 percentage points.

245 Park Ave., Manhattan

Top 5 Retail Space and Office Building Sales

PropertyShark compiled the top 5 sales in office and retail for May 2017 in New York City.

Cap Rates

For the first three months of 2017, warehouse cap rates increased by more than 18 basis points, while CBD office decreased by 15.4 basis points.

Scale Model

When we look at the CRE industry over the past 30-plus years, innovation has been abundant, yet one constant that underpins the sector is the institutional model of scalable efficiency.

2017 Most Powerful Brokerage Firms

The firms that topped the CPE-MHN 2017 Most Powerful Brokerage Firms ranking had strong investment sales and leasing activity, as well as sector diversity or specialization.