Key Takeaways: With 7.8 million square feet under construction, Phoenix West leads the nation with the largest industrial construction pipeline among the top 100 largest submarkets. Nine Southern submarkets secured spots within the top 20…
In April 2024, several U.S. office markets saw their debt service coverage ratios below 1 or between 1 and the 1.25 minimum required by most lenders, indicating potential future distress in the industry. At the…
With record levels of new industrial space supply, vacancy rates are on the rise. However, the latest industrial report from CommercialEdge reveals that sales prices are up due to one significant deal, while rent growth…
During the last couple of decades, what constitutes “the place to be” for people working within a certain industry has changed quite a bit. To that end, although cities such as Los Angeles and New York…
The CHIPS and Science act in conjunction with other government initiatives to bring manufacturing capacity back to U.S. soil are leading to an unprecedented spike in construction of manufacturing space. We set out to rank…
In March 2024, several markets recorded vacancies above 20% as the national office vacancy rate ticked up to 18.2%. New construction starts are also significantly lower than previous years, indicating further struggle in the office…
New York investment firm Clarion Partners has acquired the newly built TIA Logistics Center — a 245,000-square-foot, Class A industrial warehouse near Tampa International Airport — for $49 million (roughly $200 per square foot). Located…
Despite a downturn in industrial sales volume attributed to higher interest rates, tightened capital markets and a shift toward normalizing demand, the industrial property market hasn’t seen any significant discounts. Even with sales figures experiencing…
Early 2024 continues the trend of a slowdown in industrial space construction with only 20 million square feet initiated in the first two months of the year. Notably, this decline also follows a drop of…
With office property sales totaling $3.6 billion year-to-date, the market continues navigating ongoing challenges. Washington, D.C. recorded the largest sales volume nationwide, mostly driven by a single high-profile headquarters relocation.
