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Erik Sherman
Kristen Smithberg
The exception is studios, which rent more quickly than a year ago.
Demand remains high ‘due to stability and ease of management.’
Construction starts contract by 20% as pipeline shrinks.
The outlook remains cloudy heading into 2025.
One of the most significant trends was the evolving perception of the office sector.
The activity was led by large deals.
Almost every major retail category saw improvement.
It comes after the company raised $8 billion for a CRE fund.
It’s the first general decrease in five months.
Class B and C rents continue to fall, drawing tenants that want ‘cost-effective options.’
GlobeSt.com Staff
After a 2023 bottom, office investment rebounds, at least for the right properties.
Florida is experiencing the sharpest investor retreat.
Five were in and around Chicago.
Meant to encourage more affordable housing, these policies may have the opposite effect.
Some new features for the office building include a curtain wall and a 430-foot long blockfront.
Ruling affirming lower rent when anchor tenants leave will reverberate in epidemic of store closings.
Many commercial real estate owners are pursuing C-PACE as a construction financing solution for its accretive benefits.
It will use the funds for a range of strategies.
Developers target larger single-family lots for dozens of Granny flats.
Still, GSA plans to terminate another 660 leases.
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