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.
Irina Lupa
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%.
Inland Empire Vacancy Drops to 1% as Port Activity Continues to Drive Robust Industrial Growth
Port markets still lead the nation in rent expansion, with vacancy rates in certain areas tightening to as low as 1%.
Timea-Erika Papp
Supply Chain Bottlenecks Keep Port Markets Tight & New Lease Premiums Soaring
September 2021 lease rate and vacancy stats for top U.S. industrial markets & insights on industry and economic recovery fundamentals.
Ioana Ginsac
Office Leasing Rates Remain Stable as the Average Vacancy Rate Dips Below 15%
The national leasing rate saw a 1.2% yearly increase while the sales volume topped $50 billion.
Record-Setting Port Activity Continues to Boost Industrial Markets
Port markets continue to top asking rents, sale prices and tight vacancy rates, with select Southeastern hubs following.
Eliza Theiss
Asking Rents Plateau at 1.2% YoY, Pipeline Shrinks Below 157MSF Under Construction
Average office asking rents in Tampa saw a higher year-over-year increase than Los Angeles office space, in August.
Port Markets Record Strongest Rent Growth, Large Projects Drive Phoenix Pipeline
Port markets in Southern California lead rent growth, sales volume tops $1B in two new markets and Phoenix pipeline shows no signs of slowing.