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Overall performance varied by category and geography.
Data center developments are attracting operators willing to sign long-term leases.
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 state will add 2,000 units priced below market rates during the coming year.
But that doesn’t mean buying a home became affordable.
Northmarq expects store openings to exceed the anticipated number of closings in the coming years.
This is the third consecutive winter in which seasonal discounts have been notably sharper.
Multifamily permits jumped 50% year-over-year, but market-level performance was mixed.