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'The Worst Market I've Seen': NYC Commercial Real Estate Sales On Pace For Worst Year Since 2009
News

'The Worst Market I've Seen': NYC Commercial Real Estate Sales On Pace For Worst Year Since 2009

... quarters and a 21% fall from Q2, according to Avison Young data. The banking turmoil — chiefly, the collapse of prolific ... of buying opportunities.” Brandon Polakoff, also a principal at Avison Young, pointed out that foreign buyers are responsible for some ...

Oct 05, 2023
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Office Optimism Builds As RTO Mandates Push Downsizing To Lowest Level Since 2019
News

Office Optimism Builds As RTO Mandates Push Downsizing To Lowest Level Since 2019

... behind prepandemic levels and slightly below 2023 volume, according to Avison Young. Still, U.S. office availability, at 23.4% ... Manhattan, San Francisco and Washington, D.C., according to Avison Young. A similar amount of space was leased for expansions in ...

Feb 06, 2025
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Empty Blue Warehouse
News

DFW Industrial Vacancy Rate Remains Elevated Even As New Construction Nose-Dives

... vacancy rate of 32% for the most recent quarter. Avison Young officials said leasing was above average for the quarter, and ... slower development pipeline lets this new product lease up,” Avison Young Managing Director Greg Langston said in a statement. The ...

Oct 11, 2024
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The Hunt For Data Center Sites Is Distorting Land Prices
News

Data Center Land Deals Surged 141% In Q1, Warping The Market For Everyone Else

... report from Goldman Sachs.  Alex Ern, a senior manager in Avison Young’s U.S. Capital Markets group, said prices have ... development sales, accounting for 70% of Q1 transactions, according to Avison Young data.  “It, at least to me, signals that investors are ...

May 28, 2026
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Institutional Investors Are Following Each Other Back Into The Office Market
News

Institutional Investors Are Following Each Other Back Into The Office Market

... the institutions are getting back into the market,” James Nelson, Avison Young's head of U.S. investment sales, told Bisnow.  ... investors paid $7.1B for office properties, according to Avison Young, nearly equal to the full year for 2023.  REIT investment ...

May 26, 2026
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33-Story Museum District Mixed-Use Tower Opens: The Houston Deal Sheet
News

33-Story Museum District Mixed-Use Tower Opens: The Houston Deal Sheet

... hired Marti Grizzle as vice president. Coming from Avison Young, she will focus on industrial and landlord representation at ... Marquette leasing division before it was acquired by Avison Young in 2022, she focused on landlord representation throughout ...

May 22, 2026
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The Chicago skyline against storm clouds.
News

Chicago Office Recovery Trails Most Major Markets Amid Continued RTO

... onset of Covid-19 for office visits. Leasing trends from Avison Young tell a similar story. Leasing volume over the past four ... is down 42% — both the lowest marks of the markets Avison Young tracks. These trends haven't stymied major office trades this ...

Apr 16, 2026
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2025 Top Deals Illustration
News

Here's How The Biggest Players Moved The Commercial Real Estate Market In 2025

... the pandemic-era apartment construction boom, said Alex Ern, Avison Young’s senior manager for U.S. capital markets research.  ... t vacancy, which leads to distress and discounted pricing,” Avison Young’s Nelson said.  The State Teachers Retirement System of ...

Jan 27, 2026
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Houston's Largest New Office Delivered Early
News

Houston's Largest New Office Delivered Early

... under construction in the fourth quarter of 2025, according to Avison Young, and 2025’s deliveries were Houston’s lowest in over ... to 10% in Q4, its lowest level since 2015, per Avison Young.  CityCentre Six’s newly announced tenants are VoltaGrid, a power ...

Mar 31, 2026
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Beacon -- Camden
News

South Jersey Officials Want A Trophy Office Tower To Revitalize Camden. Will It Work?

... in Philly. But nobody has agreed to a lease yet. Avison Young New Jersey Office analyst Jordan Katz believes tenants will pursue ... build-to-suit project under construction for Chubb, according to Avison Young’s Q4 report.  Katz said he believes South Jersey’s ...

Mar 16, 2026
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