CommercialEdge
Phoenix Market Update: Investment Activity Picks Up
Nearly 1.4 million square feet of office space traded across the metro in March, marking a 215 percent jump from February, according to CommercialEdge data.
Miami Market Update: An Emerging Hotspot for Office Transactions
First quarter transaction volume in Miami expanded nearly six times compared to last year’s figure, according to 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.
Austin Market Update: Sales Activity Remains Slow
The volume of sales was somewhat similar to that from February, when the market recorded 240,000 square feet in transactions.
San Francisco Market Update: Record-Breaking Prices
Two large transactions brought the total sales volume up by 162% year-over-year in the Bay Area, both exceeding previous average prices per square foot for their respective areas.
Tech Sector Leads the Way Back to the Office
The push comes as all major markets continue to record double-digit vacancy, CommercialEdge reports.
Los Angeles Market Update: Poised for a Banner Year
Construction delays induced by the pandemic along with a reimagining of the office space might turn 2021 into a peak for construction activity.
Austin Market Update: Development Driven by High-Profile Companies
According to CommercialEdge, Austin’s pipeline represented 9.8 percent of total stock as of March.
San Francisco Market Update: The Pipeline Is Thawing
With roughly 11.5 million square feet of office space slated for delivery this year—more than double 2020’s activity—Bay Area office completions are poised for a return to form.
Miami Market Update: Planned Stock Increases
The metro’s construction pipeline topped 4 million square feet by the end of March, according to CommercialEdge.