The office space market is facing challenges including rising delinquencies and potential defaults. Up to 30% of all loans for office properties are set to mature by the end of 2026, posing a great challenge…
Our mid-year industrial construction report outlines a switch from logistical centers and warehouses to manufacturing plants, including EV factories and semiconductor fabs, in the second half of 2024.
One of the largest industrial real estate developers in the U.S., Panattoni is making a significant shift by venturing into data center development. Driven by skyrocketing demand from the artificial intelligence sector, the Irvine, Calif.…
Manhattan has reclaimed its position from the end of 2023 as the top market in the country for office sales volume through June, according to the latest office report from CommercialEdge. Surprisingly, before June, Manhattan…
New York-based real estate firm Tishman Speyer has sold the 2000 K St. NW property near Farragut West Metro station for $140.2 million, according to the Business Journal, which cited documents filed with the Washington,…
Microsoft’s decision to vacate its 1.9 million square feet of office space in downtown Bellevue, Wash., marks a significant transition for the city’s office market. The tech giant announced last year that it would not…
At the end of May, the national listing rate for office space rested at $37.72 per square foot, six cents above the previous month but still down year-over-year. San Diego saw the largest drop in…
Despite the normalization of demand for industrial space and the rising cost of capital, most markets covered by Commercial Edge have experienced an increase in average sales prices this year. In fact, the latest industrial…
Two recent deals at 30 Hudson Yards continue to demonstrate the growing preference by tenants for newer buildings versus older ones. Warner Bros. Discovery (WBD) — the largest tenant at the 2.6-million-square-foot Midtown Manhattan property…
The June industrial report from CommercialEdge highlights a persistent decline in the under-construction pipeline with fewer new projects starting than at any time in the last decade. Specifically, since the beginning of the year, 177.8…
