#MarketUpdate

Image by Tanarch/ iStockphoto.com

Market Update: DC Office Had a Steady 2022

Highlights of the capital region’s performance, based on CommercialEdge data.

Image by JaySi/iStockphoto.com

Chicago Office Market Slow to Recover in 2022

Last year, fundamentals in Chicago’s office market did not improve much, but there are some signs that the metro is getting back on track.

Image by RoschetzkyIstockPhoto/iStockphoto.com

Market Update: What’s Fueling Austin’s Large Office Pipeline

Here are the key trends that are shaping this vibrant market, based on CommercialEdge data.

Office Deal Volume in Austin Was Down in H1

The average price for office deals in Austin has fallen sharply since mid-2021.

San Francisco Office Development Strong in Q2

The second quarter saw 2.7 million square feet break ground in the Peninsula.

San Francisco Office Sales Slow Down

While deals in the city and the Peninsula were tepid, the East Bay and South Bay continued to outperform during the second quarter.

LA Office Transaction Activity Strong in Q2

The average price per square foot grew 27 percent year-over-year.

LA Office Development Stalls in Q2

The market’s creative economy remained a main driver of activity.

Miami Office Transaction Volume Was Low in H1

Despite the decline, prices jumped significantly year-over-year.

Manhattan Office Deal Volume Increased in Q2

Even though investment sales registered major gains, pricing continues to play catch-up.