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U.S. Office Sales Jump Nearly 70% As Investors Focus On Trophy Assets
Nationwide office sales have surged 69% year-over-year, according to a report from Avison Young, with California markets driving the increase.
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Nationwide office sales have surged 69% year-over-year, according to a report from Avison Young, with California markets driving the increase.
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Demand has remained steady, but behind the pace of construction.
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Net absorption stood at negative 1.3M SF in the second quarter, with total absorption in the first half down 35% to 47.4M SF.
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The losses come as the overall U.S. employment picture remained mixed.
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U.S. venture capital has switched away from Ireland, leaving a €1B hole in investment in Irish tech firms, according to the IVCA.
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The 174M SF of new U.S. industrial leasing activity during the first quarter was the highest for a first quarter since 2022.
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Cap rates for Chicago's industrial product have fallen below the national average.
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The portfolios of most retail landlords across the country are full, but the historic urge to build seems unlikely due to tariffs and elevated interest rates.
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Nearly half of major U.S. industrial markets saw sentiment shift year-over-year, with most moving closer to landlord-favorable conditions.
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Canada is the “unrivaled” global investor in U.S. real estate, with nearly US$10B in direct investments in 2014, according to new research from CBRE.
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