CommercialEdge
NYC Market Update: Development Cautiously Progresses
Chelsea is currently the busiest submarket for office projects, with roughly 8 million square feet underway, according to CommercialEdge.
Rising Sublease Rates Boost Office Vacancy
Available sublease space more than doubled in 20 of the top 30 markets covered by CommercialEdge.
Miami Market Update: Development Pipeline Holds Steady
As of April, 2.4 million square feet of office space was under construction in the metro, according to CommercialEdge.
San Francisco Market Update: Catching Up
Of the 66 projects currently underway in the Bay Area, only 22 have broken ground since the beginning of 2020.
Phoenix Market Update: Office Pipeline Stays Full
Nearly 2.4 million square feet were under construction across the metro as of April, according to CommercialEdge information.
Dallas-Fort Worth Market Update: Development Holds the Line
The Metroplex had nearly 7.2 million square feet of office space underway as of April, representing 2.7 percent of stock, according to CommercialEdge data.
Los Angeles Market Update: Prepped for Recovery
Six office properties were completed across the metro in the first quarter, totaling more than 400,000 square feet.
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NYC Market Update: Development Increases YOY
Pandemic-induced uncertainty didn’t entirely intimidate investors, as the market’s under-construction office stock ticks up, according to CommercialEdge.
Los Angeles Market Update: Slow to Recover
Although prices show signs of recovery, few properties traded during the first quarter.