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Erika Morphy
Philippa Maister
Anthony Russo
Leasing = hits post-pandemic record for third consecutive quarter amid shifting strategies.
Owner-occupier deals surged 36 percent in the year-to-date through the third quarter of 2024.
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According to Realpage, 667,000 total units were absorbed last year even as job growth slowed.
Overall performance varied by category and geography.
Data center developments are attracting operators willing to sign long-term leases.
The centerpiece of the transit-oriented hub at Mission Bay, SoMa nexus would be 850 feet tall.
The buyers include Kohan Retail Investment Group, Katan Realty Group, and Ilya Mikhailov.
Additionally, the landlord will invest $300 million in the asset.
Also, vacancies were at a record high.
GlobeSt.com Staff
This could influence other companies to do the same.
Each is expected to offer a good return on investment.
There is growing anticipation that Trump might release the GSEs from government control.
The US faces multiple fiscal hurdles, it also said.
A surge in small business optimism also bodes well for CRE investment activity.
There are bright spots in the multifamily, office, retail and industrial sectors.
About 15 million square feet of legal sector leasing is expected for 2024.
The report highlights key materials contributing to emissions.
The site has been vacant for nearly 30 years.
Leasing volume soars to 2.4M square feet in Q4 as the availability rate drops by 160 bps.
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