Market Reports
Supply Chain Disruptions Contribute to Historic Highs in Industrial Lease Spreads
National lease spread hits historic high at $1.45 per square foot, with some markets, like Los Angeles, are seeing gaps as wide as $4.89.
Coworking Rebounds as Solution to New Office Use Models
Demand for coworking spaces nears pre-pandemic levels, even as office vacancies continue to climb, hitting 15.1% nationally.
Industrial Sales Volume Nears $40B Mid-Year as Q2 Marks 7th Consecutive Quarter of Price Gains
Q2 closes as the 7th consecutive quarter of price increases for industrial assets, with the national average sale price reaching $138/sq. ft.
Office Sales Total $43.7 Billion, National Vacancy Rate Hovers at 15.2% Halfway Through 2022
Boston remains the only leading market where the vacancy rate is under 10% thanks to strong life sciences sector.
Coastal Markets Remain Under Pressure: Inland Empire Squeezed to 0.6% Vacancy Rate
The national vacancy rate contracted to 4.7%, as sustained demand for industrial space continues to tighten vacancies across the U.S.
National Office Sales Volume Surpasses $35 Billion
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.
National Industrial Sales Price Climbs to $135 PSF Year-to-Date
The national industrial sales price reached $135 PSF for a $19 billion year-to-date total, despite slower sales activity than in 2021.
Austin Claims 7% of National Office Construction Pipeline Amid Growing Investor Interest
Growing investor interest has pushed Austin’s to over 10MSF of under construction office space, the highest figure nationwide.
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.
