#MarketUpdate
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.
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.
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.
Dallas-Fort Worth Market Update: Strong Development Activity
Out of 34 developments recorded in the Metroplex in March, 24 are expected to come online this year.
Phoenix Market Update: Slow and Steady Progress
Some 2.5 million square feet of office space was underway across the metro as of March, only a 3.3 percent uptick from February, according to CommercialEdge data.
Dallas-Fort Worth Market Update: Office Sales Drop in February
After recording 3 million square feet of transactions in January, the Metroplex recorded a noteworthy drop in February, to just 170,000 square feet.