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Premier Industrial commercial real estate news, analysis, trends and information including warehouse, distribution, logistics, e-commerce, self storage and R&D space deals and players.
Despite this increase, the overall rate is expected to remain below the long-term 15-year historical average.
Deal volume amounted to just $18.3 billion for October – 68% below the figure for October 2022
Some cooler heads are cautioning that any reductions in rates by the Fed will take longer than many assume.
JV lands construction loan to build 267K SF manufacturing, logistics facility.
Three-quarters of the economists think the chance of a recession is a coin flip at most.
Borrowing costs weigh on asset pricing in October but in some hopeful news, 10-year Treasury yields continue to drop.
The drop in construction starts indicates a healthy market responding quickly to slowing demand and higher capital costs
After an unpleasantly surprising 2023, there's a lot less certainty over how quickly things will improve in CRE.
With Q3 transactions down 50% year over year, Colliers says that going into 2024, 'uncertainty is the theme.'
Marcus & Millichap delivers a Q3 report on key CRE asset classes.