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.
Working remotely from the comfort of home undoubtedly has its conveniences, but the true perk lies in the freedom to discover new and invigorating workspaces. Enter Austin, Texas – a city celebrated for its vibrancy…
In the vibrant landscape of Dallas, remote work — beyond the confines of home — has become increasingly popular among professionals. And, with nearly 80 coworking spaces and an assortment of laptop-friendly cafes, chic meeting…
Key Statistics: 865,000 square feet: Size of the largest property set for a 2024 delivery — phase two of Oyster Point in San Francisco 10.9 million square feet: Current size of Boston’s life sciences pipeline,…
With 92.7 million square feet of office space currently under construction, new starts have seen a steep decline since before the pandemic. Still, the industry has silver linings, the foremost of which is a booming…
NYU Langone Health recently finalized a lease agreement for 105,000 square feet of life sciences space at Innolabs in Long Island City in Queens. This agreement will result in NYU Langone relocating four research programs…
Although deliveries of new industrial space boomed in recent years, demand has since normalized, leading to higher vacancy rates across the U.S. At the same time, rents have also climbed, highlighting the complex dynamics at…
A recent office report highlights how office properties continue seeing dropping valuations, which is also manifesting in a drop in office occupancy and listing rates.
