The most recent real estate alert from Green Street has looked at the performance of different sectors. In addition to office and multifamily, which GlobeSt.com previously broke down, there are also industrial, retail, and hotel performances to analyze.

Industrial transactions during the first half of 2024 were down 2.2% from the same period of 2023. It was the lowest descent of any property type Green Street tracked. The top five metro markets for industrial growth were Denver, CO (+181.7%); Dallas/Fort Worth, TX (+118%); Fort Lauderdale, FL (+58%); D.C. Metro (+42.4%); and Phoenix, AZ (+41.7%).

Part of the increase was Amazon's warehouse leasing increase in the second quarter, with 14 million new square feet of new commitments. That is almost the same as all of 2023. Green Street said that Amazon's e-commerce volumes seem to be growing at a double-digit pace. Other major retailers aren't growing at the same rate.