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CRE participants signal increased retail development, while office development is flat and industrial takes a pause.
Demand for office space has grown for over 12 months, ending the three months through June up 17% year-over-year.
Law firms and financial sector companies dominated "high-rise" leases and paid highest rents.
Also buyers seem to be gearing up for more transactions.
At the halfway point of the year, Cleveland, Cincinnati, Columbus and Chicago have all seen rent growth well ahead of the national average.
Washington, D.C., topped the list based on walkability, parks and recreational areas, and a low rate of accidents involving pedestrians.
Distressed office purchases, retail, and development sites drove the uptick.
Retail Opportunity Investments stock has lost more than 10% of its value, making it an attractive acquisition target
Multifamily distress has tripled, but context matters.
New job seekers should consider affordability, wages and hiring rates when choosing where to live.