#MarketUpdate
Miami Market Update: Office Pipeline Growth Stalls
The steady expansion of development in the metro came to a halt in June, according to CommercialEdge.
San Francisco Market Update: Development on the Rise
With more than 9.4 million square feet expected to come online in the second half of the year, San Francisco is poised for a banner year.
Los Angeles Market Update: Creative Office Drives Activity
Los Angeles is poised for a banner year of activity, as the second half of the year will see more completions than the past two years combined.
Dallas-Fort Worth Market Update: Development Holds Steady
The Metroplex had nearly 4.8 million square feet of office space underway in June, according to CommercialEdge data.
Phoenix Market Update: Slow and Steady Development Progress
Some 1.7 million square feet of office space was under construction across the metro in June, marking a small uptick, according to CommercialEdge data.
Los Angeles Market Update: Sluggish Construction Activity
No new properties were added to the pipeline in May. However, projects totaling 1.4 million square feet are expected to come online in June.
Miami Market Update: Office Vacancy Slides
The metro is outperforming some other gateway markets, according to Commercial Edge. Here’s the latest.
Phoenix Market Update: Vacancy Heads the Right Way
For the first time this year, the Valley’s office sector saw a drop in the vacancy rate, according to CommercialEdge data.
New York City Market Update: Vacancy Falls for First Time in 2021
Manhattan’s office vacancy rate continues to be the lowest among gateway markets, CommercialEdge data shows.
Los Angeles Market Update: Tipping Point for Vacancy
The office market is slowly recovering, but vacancies might remain at elevated levels as new high-quality stock will come online.