#MarketUpdate
Manhattan Office Deal Volume Increased in Q2
Even though investment sales registered major gains, pricing continues to play catch-up.
Office Investment Cools in Phoenix
The second quarter’s deals totaled some 2.9 million square feet.
DFW Office Investments Pick Up Pace in Q2
Traded square footage nearly doubled during the quarter, according to CommercialEdge.
Austin Office Pipeline Was Active During Q2
Austin was second among top markets for construction starts in the first half of the year.
Miami’s Office Pipeline Expands in Q2
Among other highlights, the market’s largest office tower topped out.
Manhattan Office Development Went Through Dry Spell in Q2
Only one new project broke ground during the first half, according to CommercialEdge data.
Phoenix Office Construction Doubles in Q2
The metro’s office construction pipeline doubled during the year’s second quarter, according to CommercialEdge data.
Office Vacancy in Austin Declines in Q2
The Texas capital’s growing office pipeline is not increasing vacancy.
DFW Office Leasing Slows Down in Q2
The market witnessed a 60-basis-point vacancy rise over the quarter.