A slowdown in venture capital funding has hit the life sciences sector in 2023, driven by rising interest rates, the collapse of Silicon Valley Bank, and general economic uncertainty. Yet,…
In the years since the pandemic unsettled the office market, many have been anticipating an increase in distressed offices. While distressed activity has been muted to this point, weak demand,…
CommercialEdge just released its November office report analyzing the U.S. office market’s performance through October 2022 and looking at office vacancy rate. In 86 of the 120 areas that CommercialEdge covers, vacancy rates…
Inflation and rising interest rates are expected to bring some changes to the national industrial market, with some of the most likely ones expected in buying patterns. Some potential buyers…
The national average for in-place industrial rents across the top 30 U.S. markets reached $6.45 per square foot in February, increasing 4.4% year-over-year. At the same time, the average price of leases…
Across the top 30 markets CommercialEdge surveyed for its newest report, asking rents for industrial space averaged $6.31 per square foot in July and Phoenix led the nation with 24…
Lease rates for industrial space in June were 4.2% higher year-over-year (Y-o-Y), averaging $6.64 per square foot, according to the monthly national industrial report from CommercialEdge. And, with West Coast port…
