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Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
Growth was fueled by corporate transient, group, and inbound foreign travel.
It sold three properties, netting $222.7 million.
Vacancies have hit a record high.
Vacancies hit another historic high.
Half of the top 50 U.S. markets will see rent growth between 2% and 3% this year.
Effective rents are 21.1% below asking rents after signing the lease.
Legislative processes and political realities suggest that national rent control won't work this year at least.
It was another year of excellent and highly competitive candidates. View the chosen Women of Influence Pt. 1 here.
Year-to-date (YTD) absorption has nearly surpassed the total demand from last year
When is an interest rate cut coming? Marcus & Millichap's John Chang weighs in.