Alex Girda
Alex is a senior editor with Multi-Housing News and Commercial Property Executive who has more than a decade of experience in the industry. Mainly focused on data-driven exploits, he works with Yardi Matrix and CommercialEdge to provide insights into the real estate market.
Top 5 Markets for Office Deliveries
These five markets led the nation in terms of office completions, according to recent CommercialEdge data.
Top 10 Markets for Office Deliveries in 2023
At least 2 million square feet of new space came online in each of these metros last year, according to CommercialEdge data.
Top 5 LEED Platinum-Certified Buildings in the US
In honor of World Green Building Week, an annual campaign from the World Green Building Council, Commercial Property Executive reviewed notable office buildings that have achieved the prestigious LEED certification or recertification in 2020 through September. Based on an extensive list from the U.S. Green Building Council’s website, we filtered the data and selected projects that were awarded the LEED Platinum certification with published scorecards. Below is a list of five buildings ranked by size, with details about each asset that make them stand out in today’s world when everyone should #ActOnClimate. Rank Project Address City State Points Achieved Certification…
Robust Development, Insatiable Demand in Seattle
The metro has been one of the strongest rental markets during the current cycle. Over the last five years, average rents have risen nearly $500 to $1,770.
LA: Affordable Housing Wanted
Continued improvement in the area’s job market and a steady household creation maintain rent growth in contrast to the nationwide cooling trend, Yardi Matrix data shows.
Sacramento Sets the Pace
Although multifamily rent gains across the country have been decelerating in recent months, Sacramento continues to outperform. The average rent across the metro was up 9 percent year-over-year as of April.
The Inland Empire Expands
Multifamily rent growth in San Bernardino and Riverside counties continued its extremely fast pace over the past year, supported by a healthy job market and moderate inventory expansion, Yardi Matrix data shows.
Yardi Matrix: Sacramento, Capital Appreciation
The only remaining U.S. metro with year-over-year rent appreciation in double figures seems unfazed by the national downward trend.
Growing South Bay Market Prompts El Segundo Deal
The multi-tenant building is fully leased and provides easy access to transportation.
Stos Acquires National City Industrial Building
The single-tenant asset will receive extensive capital improvements as the new owner looks to bank on the market’s appeal.