Market Insights
From major acquisitions and new developments to shifting trends and standout deals, we bring you fresh updates, local stories, and expert takes on the commercial real estate moves shaping our region. Whether you’re tracking the latest transactions or just curious about what’s next, we’ll keep you in the loop with news that’s timely, relevant, and easy to digest.
Wondering just how strong industrial real estate is nationally? Take a look at this article from Commercial Property Executive Excellent overview by CP Executive and JLL’s Trent Agnew. Quick takeaways: Due to capital market sales, $20B less traded in 2020 than 2019. 524M square feet leased in Q4 20 alone! 5.4% national vacancy rate. 327M […]
Customers have become accustom to curbside pickup. Bricks & Mortar retailers continue to offer it, but admittedly it challenges profit margins. In fact, in Costco’s case, already tight margins might not allow it! (Costco is starting to beta test curbside in a couple of locations in New Mexico – See recent RetailDive.com article Costco is […]
One thing I have learned in my 34 years in the business? Listen to the experts…but don’t believe everything you hear. Using a black jack term, “the books says…”. The book says there aren’t any office leases being signed. Reality says otherwise, as evidenced by this most recent westfaironline.com article. 220,000 SF office lease signed […]
According to GlobeSt.com a new JLL survey shows support for the hybrid office (working from the traditional office AND the home office). Results include: Increase from average of 1.2 days per week at home to 2.4 days per week. 72% of employees want some level of work from home. 66% want at least 2 days […]
New import stats out as of 10/10/20 – More and more imports coming into the US due to replenishing of inventories, stocking up for holiday season and overstocking to insure the supply chain. October imports up 6.5% year over year, fourth highest month on record! See ProgressiveRailroading.com article: NRF: Ports log record peak season imports
If people aren’t coming back to work then why am I progressively parking higher and higher in the parking garage!!?? #backtowork #returntooffice.
Market Reports
