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According to Commercial Edge, 9,500 buildings, or around 17% of global office stock, will be up for renewal during the next three years. There will be around 380 million square feet of space with loans that mature over the following three years. It does not guarantee a good time. “Recent high-profile defaults hint that the pain…

Retail sales are declining across the nation, Placer.ai says, whether it’s as a result of inflation or increased borrowing rates. Perhaps not surprisingly, less people are walking around stores. In addition to monthly adjusted retail sales declining in March 2023, the company’s study of U.S. Department of Commerce data reveals that monthly retail visits in Q1 2023…

According to Cushman & Wakefield, the industrial vacancy rate increased for a second consecutive quarter but is still historically low at 70 basis points (bps) below the five-year quarterly average and 170 bps below the 10-year average. According to the Q1 data, it was 3.6%, although several markets are still below 3%. Deals continue to be…