Chicago’s office market continues to face distress-driven pricing with sale prices falling sharply. According to CommercialEdge, through February 2025, office assets traded at an average of $67 per square foot — the second-lowest among major…
Author: Matthew Preston
Private equity giant Blackstone has agreed to acquire a 6-million-square-foot industrial portfolio from Crow Holdings for $718 million. The deal covers 25 Class A properties concentrated in the Dallas and Houston metros. Crow Holdings, which…
It’s safe to say at this point that the tariffs imposed by the new U.S. administration on China, Mexico, Canada and others have injected further uncertainty into the U.S. industrial sector. Specifically, short-term effects are…
The latest U.S. office report from CommercialEdge highlights strong liquidity inflows, stabilizing vacancies in many cities and a slight uptick in rents. Specifically, the national average full-service equivalent listing rate for office space hit $33.41…
Manhattan’s office market continues to show signs of a comeback. Vacancy rates are tightening, investor confidence is growing and major companies are recommitting to the city’s office spaces. At the forefront of this shift is…
Dallas-Fort Worth finished 2024 as the leader in industrial property sales with nearly $6 billion in transactions by year-end. First, it claimed the top spot in September, replacing the Bay Area. Then, by the close…
Miami retains one of the country’s lowest office vacancy rates — although, like the national trend, its rate has risen steadily in recent years: As of January 2025, CommercialEdge reported that Miami’s vacancy rate was…
Philadelphia’s office vacancy rate reached 19.6% in January – an increase of 570 basis points from the previous year and the highest in the Northeast. While this figure is just below the national average of…
Key Takeaways Despite a 39% pipeline contraction (now 6.67 million square feet [MSF]), Boston remains the unrivaled leader. Since 2015, the metro has added 13.4 MSF to bring the total inventory to 33MSF — almost…
Houston’s industrial sector has maintained strong activity heading into 2025. Back in 2024, the market saw $3.4 billion in industrial sales, trailing only Dallas nationally. A standout transaction within this volume was private equity firm…
