Office Report September 2023

Office Vacancy Rates Continue to Rise Despite Return-to-Office Mandates 

The U.S. office vacancy rate reached 17.5% at the end of August, rising 260 basis points over year-ago figures.

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Loans on Nearly 1 in 5 Class B Offices to Mature Soon. Where Are the Hotspots?  

Loans on 18.1% of Class B assets — encompassing 594.2 million square feet — will reach maturity by the end of 2026.

Industrial Sector Pinched by Interest Rate Hikes 

As capital has become scarcer and more expensive, industrial construction starts and sales have slowed down in 2023.

New CommercialEdge Outlook Add-In for Optimized Deal Management and Marketing

New CommercialEdge Outlook Add-In for Optimized Deal Management and Marketing

Seamlessly integrate deal management and marketing tools within Outlook with the newly developed CommercialEdge Outlook add-in.

A Comprehensive Guide to Making Strategic Investments Using Up-to-Date Property and Loan Information

A Comprehensive Guide to Making Strategic Investments Using Up-to-Date Property and Loan Information

A data-driven approach and an accurate property database can provide a significant advantage in identifying investment opportunities.

Life Science Sector Cools but Still Represents Nearly One Third of Under-Construction Office Space

As office construction continues to cool, a quarter of under-construction office space is now concentrated in just 6 life-science-heavy markets.

Optimizing Marketing Channel Performance in CRE Leasing

Optimize Marketing Channel Performance in CRE Leasing 

A clear marketing strategy and monitoring channels can result in quality leads, maximum occupancy rates and high return on investments.

Industrial Sales Volume Reaches $21.2B at the End of Q2

The sales volume dropped significantly compared to the $55 billion recorded during the same period last year.

Adaptive Reuse is Trending Upward: Despite Recent Slowdown in Office Conversions, 120,000 Apartments Underway

Last year, the number of office conversions experienced a 15% slowdown, resulting in just 3,390 apartments.

U.S. Office Sales Total $14.8B Halfway Through 2023 

From January to June of this year, office properties have been trading at an average price of $199 per square foot.

NAI NP Dodge Streamlines Commission Management and Accounting Processes with Advanced CRE Software

NAI NP Dodge Streamlines Commission Management and Accounting with Advanced CRE Software

CommercialEdge Commissions tracks invoices, monitors due dates and helps configure even the most sophisticated and complex commission rules.

How to Simplify Commercial Real Estate Commission Splits and Maximize ROI 

By Iulia Cadar | April 28, 2025

Discover how brokerages can simplify commercial real estate commission splits and enhance ROI using a commission tracking solution.

E-Commerce Growth Fuels Demand for Industrial Space  

By Laura Pop-Badiu | April 28, 2025

While tariff uncertainty may create instability for the industrial sector in the near term, e-commerce will continue to drive industrial demand growth.

Anticipated Office Distress to Materialize in 2025    

By Laura Pop-Badiu | April 16, 2025

The wave of distress anticipated since the peak of the pandemic has begun to materialize at the beginning of 2025.

How to Simplify Commercial Real Estate Commission Splits and Maximize ROI 

By Iulia Cadar | April 28, 2025

Discover how brokerages can simplify commercial real estate commission splits and enhance ROI using a commission tracking solution.

E-Commerce Growth Fuels Demand for Industrial Space  

By Laura Pop-Badiu | April 28, 2025

While tariff uncertainty may create instability for the industrial sector in the near term, e-commerce will continue to drive industrial demand growth.

Anticipated Office Distress to Materialize in 2025    

By Laura Pop-Badiu | April 16, 2025

The wave of distress anticipated since the peak of the pandemic has begun to materialize at the beginning of 2025.

How to Simplify Commercial Real Estate Commission Splits and Maximize ROI 

By Iulia Cadar | April 28, 2025

Discover how brokerages can simplify commercial real estate commission splits and enhance ROI using a commission tracking solution.

E-Commerce Growth Fuels Demand for Industrial Space  

By Laura Pop-Badiu | April 28, 2025

While tariff uncertainty may create instability for the industrial sector in the near term, e-commerce will continue to drive industrial demand growth.

Anticipated Office Distress to Materialize in 2025    

By Laura Pop-Badiu | April 16, 2025

The wave of distress anticipated since the peak of the pandemic has begun to materialize at the beginning of 2025.

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