Research

In a newly released report, CBRE ranks Pennsylvania, and specifically the Lehigh Valley as the sixth largest cold storage market in the country with 213.5 million square feet of inventory. The state of New Jersey came in at number 10 with an inventory of 136.7 million square feet.

The Opportunity Zone program is inspiring property owners that have held lower-quality assets with deferred maintenance to finally sell the assets, says Real Capital Analytics' Jim Costello.

The years-long tight market has hurt commercial real estate asset classes, with higher vacancy rents, lower asking rates and greater concessions, according to a report last year from JLL.

Reonomy also reports that as of July 2018, there has been an acceleration of price appreciation in non-Opportunity Zone assets and a deceleration of price appreciation in Opportunity Zone assets.

A study projects it would cost $167 billion to rebuild South Florida homes, assuming total destruction.

According to a report released by brokerage firm JLL, as of mid-May 2019, retail openings in the district have outpaced closings nearly 4 to 1. In comparison, closings outpaced openings in 2018 with 1.3 closings per every opening.

"It seems likely that fundraising will become an even more challenging prospect for many managers as competition continues to intensify."

Malls, college campuses and suburban office campuses are currently seeing action with a new roster of players emerging beyond the chef-driven concepts and handful of food hall venue operators that largely pioneered this movement, says a recent Cushman & Wakefield report.