Market Reports

2022 Sets Industry Record with 450 Million Square Feet of Deliveries

By Eliza Theiss | January 26, 2023

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

By Eliza Theiss | January 19, 2023

Higher interest rates will likely hamper new supply as well as sales activity in 2023, while tenants’ flight-to-quality expected to persist.

Despite Record New Supply, National Industrial Vacancy Dips Below 4% 

By Timea-Erika Papp | December 21, 2022

More than 742 million square feet of industrial space was under construction at the end of November as demand continues to outstrip supply.

Tech Sector Downsize Further Challenges Office Recovery  

By Eliza Theiss | December 15, 2022

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

By Eliza Theiss | November 22, 2022

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

By Eliza Theiss | November 17, 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.

Sustained Demand and Insufficient New Supply Drive Lease Premiums to New Highs in Port Markets

By Eliza Theiss | October 25, 2022

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

By Eliza Theiss | October 11, 2022

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

By Eliza Theiss | September 26, 2022

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

By Eliza Theiss | September 20, 2022

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.

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