NOT FOR REPRINT
Page Printed from: globest.com/author/profile/philippa-maister?page=21
Sign In To follow
There is underlying structural demand for office space along the quality and pricing spectrum.
The Midwest was the hardest market for renters to break into, with three cities among the top five nationally
Deal volume amounted to just $18.3 billion for October – 68% below the figure for October 2022
This year's Thanksgiving dip was less severe than dips experienced before Covid.
The highest annual rent growth occurred in the renter-by-necessity asset class
Taking into account building location, age and renovation history, LEED still conferred a 3-4% rent premium.
Single-family permitting and starts in October 2023 were 13% higher in the U.S. than the prior year
The drop in construction starts indicates a healthy market responding quickly to slowing demand and higher capital costs
Governments and the private sector must move swiftly to address the immense housing and help needs this cohort faces
The person who prizes space above all else might consider a move to Memphis.