Renters are being squeezed by a dearth of offerings in the suburbs and Lehigh Valley. But in Philly proper, an oversupply is leading to big tenant concessions.
The vacancy rate for Chicago’s life sciences sector was 40.5% as of the fourth quarter of 2024, with about 2M SF of total inventory.
Downtown's downturn could have ripple effects across the city, the report's authors say.
A €20M refinancing and a €50M two hotel portfolio offer coming to market have provided a timely boost to Ireland's regional hotel market.
Urban Renaissance Group has relinquished a Denver office building near Coors Field, adding to a wave of office owners walking away amid market struggles.
Office conversions to other uses have soared in 11 major UK city markets, with over half of the 6M SF in acquisitions in London, according to CBRE.
Dublin's city centre vacancy rates continue to fall, driven in part by F&B operators, but retail parks are facing viability challenges CBRE has warned.
As with office, retail tenants only want the best quality space. Unlike office, there’s little supply left to gobble up.
Achieved rents for trophy office space in D.C. averaged $96.10 per SF last quarter, a 9.1% year-over-year increase, according to CBRE.
Tariff policies took their bite out of activity in the Savannah industrial market in the second quarter.
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