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According to a recent analysis from Marcus & Millichap, office leases signed in the early stages of the epidemic, those typically with three-year durations, will be coming up this year, which could delay space attrition. The research stated that the idea of turning those assets into other products “remains a niche possibility” considering that many office…

It’s simple to think that even the largest IT businesses are shutting down given the current state of the economy and the abundance of layoff notifications. However a pair of Savills reports suggest that is far from the reality, and that even with all the hoopla there are US CRE markets that still may expect to do…

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…