Eliza Theiss
Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. Eliza writes for both PropertyShark and CommercialEdge. Reach her at [email protected]
2022 Sets Industry Record with 450 Million Square Feet of Deliveries
While industrial deliveries hit a new high in 2022, supply is still behind demand, and 2023 is set to be another robust year for development.
U.S. Office Market Closes 2022 with Still-Rising Vacancies & Declining Sales
Higher interest rates will likely hamper new supply as well as sales activity in 2023, while tenants’ flight-to-quality expected to persist.
Tech Sector Downsize Further Challenges Office Recovery
The average listing rate for office space stood at $38.06 in November, while vacancies rested at 16.2% across the top 50 U.S. office markets.
Driven by Shipping and Logistics, National Development Pipeline Nears 714 Million Square Feet
National industrial in-place rents averaged $6.95 per square foot, up 5.8% year-over-year as demand remains strong
Office Vacancy Rates Continue to Climb Across the Country in 2022
The average listing rate for office space stood at $37.94 in October, while vacancies rested at 16.3% across the top 50 U.S. office markets.
The Future of Office 2023: Clarity, Adjustments and Emerging Trends
Two plus years into the pandemic, the status quo in the office sector is uncertainty, with conflicting outlooks for all facets of the industry.
Sustained Demand and Insufficient New Supply Drive Lease Premiums to New Highs in Port Markets
Industrial tenants continue to pay increasing lease rates, with new contracts $1.38/sq .ft higher than in-place rents.
Office Starts Slump in Gateway Markets but Advance in the Sunbelt
The average listing rate for office space stood at $35.67 in September, while vacancies rested at 16.6% across the top 50 U.S. office markets.
$58B National Industrial Sales Total Nears National Office Sales Volume
After 7 consecutive quarters of growth, in Q3 2022 the national average sale price came in $6 below Q2, resting at $131/sq. ft.
Life Sciences Continue Driving Demand for Office
Trading at an average $645/sq. ft, life science properties are selling for 150% higher than the $258/sq. ft average of general office buildings.
