Stay up to date with the latest CRE market reports, trends and events.
Understanding Distressed Commercial Properties and How CRE Solutions Simplify Tracking EffortsÂ
Gain insights into identifying, tracking, evaluating and investing in commercial distressed properties for optimal returns.
2023 Industrial Sales Total $52 Billion, Roughly Half of 2022 Volume
Due to tighter underwriting policies and more expensive capital, transaction activity will continue to diminish in 2024.
How to Find Recently Sold Commercial Real Estate and Enhance Strategic Decision-MakingÂ
Finding accurate information on recently sold CRE properties is a key step toward optimizing the deal-making process.
U.S. Office Market Closes 2023 With $34 Billion in Sales, 60% Below the Volume Recorded in 2022
The U.S. office market has logged $33.8 billion in office sales for 2023, at a yearly average of $196 per square foot.
2023 Marks Year of Shifts and Stabilizing Trends in U.S. Industrial Sector
Port activity normalized, manufacturing surged in North America, and interest rate hikes dampened transaction activity and new development.
Office Utilization Plateaus at 50% to 60% of Pre-Pandemic Levels
Demand for office space is down, expenses are up and values have dropped, while maturing loans continue to pressure the sector.
Industrial Sector Maintains Momentum Despite Uptick in Vacancy Rates  Â
Industrial vacancy rates rose 70 basis points from 3.9% in January 2023 to 4.6% in October but remained unchanged month-over-month.
Office Projects Face Delays, Cancelations as Uncertainties Linger
About 31 million square feet of new office space began construction in 2023, nearly half of the starts from the last two years.
Office Mortgage Maturities Signal Coming Distress
The volume of loan maturities is concerning as weaker demand, rising costs and lower property values squeeze office owners while banks and investors reduce exposure to offices.
Industrial Transactions Still Muted as Bid-Ask Gap Holds Firm Â
Sellers have yet to readjust price expectations, as buyers are unwilling to pay high prices amid expensive and limited financing options.
Boxer Property Shortens Lead-to-Lease Timelines and Drives Leasing Efficiency with CommercialEdge ILS Network
The company maximizes leads by leveraging the second-largest listing network in the U.S. while ensuring a seamless experience for prospects.
