Market Reports

us office lease rate and sales report april 2021

U.S. Office Lease Rates Inch Upward, Vacancy Still in Double Digits

Both lease rates and office vacancy saw modest Y-o-Y increases in March 2021, but investors did not shy away from spending record amounts in top office markets.

CommercialEdge National Industrial Report March 2021

CommercialEdge National Industrial Report March 2021

U.S. industrial rents grew 5.1% & over 7% Y-o-Y in coast markets. The PPS grew 10% since Q4 2020. Construction will boom in inland markets.

CommercialEdge National Office Report March 2021

CommercialEdge National Office Report March 2021

In February 2021, U.S. office vacancies increased 40 bps M-o-M & 160 bps Y-o-Y – standing at 15%. U.S. office-using employment fell 3.4%.

CommercialEdge National Industrial Report February 2021

CommercialEdge National Industrial Report February 2021

U.S. industrial rents grew 5.1% Y-o-Y in 2020, to $6.44 per sq. ft. in January 2021. By February 2021, 27.8 million sq. ft. of new stock was delivered.

CommercialEdge National Office Report February 2021

CommercialEdge National Office Report February 2021

By January 2021, U.S. office-using employment fell 3.3%. Office vacancies increased 40 basis points to 14.6% and 80 basis points Y-o-Y.

CommercialEdge National Office Report January 2021

CommercialEdge National Office Report January 2021

By December 2020, U.S. office vacancies increased 40 basis points to 14.2% and office-using employment fell 3.4%.

CommercialEdge National Industrial Report January 2021

CommercialEdge National Industrial Report January 2021

E-commerce fueled demand for industrial space causing rents to grow 4.8% Y-o-Y in December 2020 and sale prices to grow 7.8% over the course of the year. More new industrial space was constructed – 228.4 million square feet – than at any other time this century.

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