Market Reports
Southern California Industrial Markets Continue to Tighten Under E-Commerce Pressure
Southern California continues to heat up under e-commerce pressure, major investor interest, land constraints and ever-tightening vacancy rates.
First Quarter Closes with Nearly $19 Billion in Nationwide Office Sales
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.
Industrial Rents Climb 4.4% Amid Record-Setting Supply & Vacancy Levels
Despite the burgeoning U.S. development pipeline, rents and listing rates remain on a steady upward trajectory.
Office Listing Rates Post 1.2% Y-o-Y Rise as Employers Resume Return-to-Office Plans
Office rents and vacancies remained stable through February as the construction pipeline continued to contract.
Industrial Market Starts Year Strong With 4% Rent Growth & 588MSF of Supply Under Construction
Demand for southeastern port markets is on the rise as industrial rents continue a five-quarter upward trend.
Demand for Medical Office Buildings on the Rise as Strong Office Sales Mark New Year
Office construction pipeline declines, while medical office buildings continue to attract increasing amounts of investor attention.
2021 Breaks Sales Records as Investors Continue Fuelling Demand for Industrial Space
Refrigerated storage space sees growing demand while the average rent for U.S. industrial space climbs to $6.40 per square foot.
Asking Rates Up 1.8% Y-o-Y as Omicron Further Delays Return to Office
Office leasing rates average $38.44 per square foot as firms consider shift to hybrid work models.
E-commerce Dips but Continues Sustaining Demand as Industrial Rents Post 3.8% Y-o-Y Rise
Despite the slowdown, e-commerce is anticipated to remain a leading factor in the industrial market’s ongoing expansion.
U.S. Office Transactions Overtake 2020 Volume While Vacancies Remain Stable
The national office sales volume topped $68B in November while vacancies averaged 15.2%.
