Office

Office Sales Total $43.7 Billion, National Vacancy Rate Hovers at 15.2% Halfway Through 2022

By Eliza Theiss | July 19, 2022

Boston remains the only leading market where the vacancy rate is under 10% thanks to strong life sciences sector.

National Office Sales Volume Surpasses $35 Billion

By Eliza Theiss | June 16, 2022

More than $8B in office sales were recorded in May nationally, raising the number of cities with more than $1B in office sales from 10 to 14.

Austin Claims 7% of National Office Construction Pipeline Amid Growing Investor Interest

By Eliza Theiss | May 17, 2022

Growing investor interest has pushed Austin’s to over 10MSF of under construction office space, the highest figure nationwide.

First Quarter Closes with Nearly $19 Billion in Nationwide Office Sales

By Eliza Theiss | April 20, 2022

Nationally, $18.9 billion in office sales were recorded in the first quarter of 2022, with over $7.5 billion signed in just six top markets.

Office Listing Rates Post 1.2% Y-o-Y Rise as Employers Resume Return-to-Office Plans

By Irina Lupa | March 15, 2022

Office rents and vacancies remained stable through February as the construction pipeline continued to contract.

Demand for Medical Office Buildings on the Rise as Strong Office Sales Mark New Year 

By Irina Lupa | February 25, 2022

Office construction pipeline declines, while medical office buildings continue to attract increasing amounts of investor attention.

How to Determine the Fair Market Value of Commercial Property

By Eliza Theiss | February 14, 2022

There are many approaches to determine the fair market value of CRE properties, each with its own pros and cons depending on your investment, financial and development goals.

Asking Rates Up 1.8% Y-o-Y as Omicron Further Delays Return to Office

By Irina Lupa | January 21, 2022

Office leasing rates average $38.44 per square foot as firms consider shift to hybrid work models.

U.S. Office Transactions Overtake 2020 Volume While Vacancies Remain Stable

By Irina Lupa | December 14, 2021

The national office sales volume topped $68B in November while vacancies averaged 15.2%.

Office Leasing Rates Remain Stable as the Average Vacancy Rate Dips Below 15%

By Irina Lupa | October 18, 2021

The national leasing rate saw a 1.2% yearly increase while the sales volume topped $50 billion.

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