Market Reports
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.
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.
