data
bites

Denver sublet availability decreases in high quality office space Denver’s sublet office market has rebounded since peaking at nearly 7 million square feet in early 2023. As of Q1 2025, Class A...

From clicks to bricks: The rise of phygital retail in the U.S. Several e-commerce-first brands have leveraged physical storefronts to refine operations, grow strategically, and enhance customer...

Southern New Jersey continues to see strong industrial job growth following a surge of new industrial deliveries over the past 3 years Industrial job growth surges in Philadelphia metro, with key...

Several Midwest markets shine with industrial vacancy rates below national average Three out of the four key industrial markets in the Midwest have vacancy rates below the U.S. average, indicating...

Office availability rises as Nashville tenants seek upgrades Nashville’s office market sees rising vacancies in older class A buildings as tenants favor modern, amenity-rich spaces. With a 27%...

The breakdown of DC Metro GSA lease termination option dates by year In Washington, DC, a significant portion of GSA leases eligible for termination over the next five years are concentrated in...

Established MSP industrial properties maintain strong tenant retention In this data bite, we took a closer look at the industrial property occupancy rates by analyzing our tracked AY inventory by...

6.2% of Manhattan inventory commanded triple-digit base rents in 2024 6.2% of Manhattan inventory commanded triple-digit base rents in 2024 https://www.avisonyoung.us/w/friendly-journal-URL  ...

Shifting migrations: northwest movement of office tenants in the CBD Discover why CBD office relocations since 2024 favor riverfront properties near transit hubs. Highlights: Ogilvie, Union...

Shifting trends in Georgia’s Northeast industrial market https://www.avisonyoung.us/w/friendly-journal-URL – The Northeast industrial submarket is a key corridor for industrial activity in Georgia,...

In-depth analysis of vacancy across Charlotte’s office market https://www.avisonyoung.us/w/friendly-journal-URL – The Midtown and Southpark submarkets are demonstrating strong market performance,...

Los Angeles loan originations slowdown as lenders tighten terms and raise borrowing standards Tighter Lending Standards Shape LA's Commercial Real Estate Market...

Bay Area life science occupancy declines as venture capital funding recedes San Francisco Bay Area's life science occupancy declines to multi-year lows as venture capital funding recedes....

Long Island job postings for major office-using industries show surprising change since 2022 Long Island job postings for major office-using industries show surprising change since 2022...

A deep dive into availability rates across Raleigh-Durham’s major submarkets https://www.avisonyoung.us/w/friendly-journal-URL – While the average availability rate across Raleigh-Durham's largest...

In New Jersey, new ground breakings retreat to pre-pandemic levels, 56.1% of 2024 deliveries remain vacant 2024 New Jersey industrial deliveries by submarket...

U.S. office space in transition: Shifting demand in 2025? Explore what U.S. office trends could lead to a surge in leasing demand in 2025. https://www.avisonyoung.us/w/friendly-journal-URL Three...

Downtown Boston demand requirements dominated by surplus of FIRE & tech tenants https://www.avisonyoung.us/w/friendly-journal-URL As of March 2025, Downtown Boston currently boasts over 4 msf of...

Small bay and midsized industrial spaces command 10% rent premium in Houston The true engine of the Houston industrial market is the consistent demand from local businesses for smaller space....

MSP’s office market could see 260 bps reduction in vacancy following office to residential conversions identified in St. Paul’s downtown In this data bite, we took a look at the potential market...

Charleston, SC leads the nation with the lowest exposure to at-risk loans Charleston, SC has experienced a notable decline in exposure to at risk loans, bucking the national trend....

Greenville, SC secures second place for lowest exposure to at-risk loans Greenville, SC has secured the second place for the lowest exposure to at-risk loans. Discover how Greenville's approach to...

Las Vegas Retail Boom Driven by Experiential and Mixed-Use Developments Las Vegas retail is evolving rapidly, driven by experiential shopping, entertainment-focused developments, and mixed-use...

Atlanta’s Midtown submarket driving up total office vacancy rates https://www.avisonyoung.us/w/friendly-journal-URL – Office vacancy rates continue to climb in Atlanta and much of the vacancy is...

San Francisco office debt reflects optimistic waiting game Commercial real estate debt origination in San Francisco rose 55.2% in 2024, compared to 2023....

Chicago industrial vacancy impressively low compared to other cities https://www.avisonyoung.us/w/friendly-journal-URL Chicago has navigated the construction boom exceptionally well, maintaining a...

Mapping the federal footprint: Locating the U.S. government’s leased square footage How much real estate does the U.S. federal government lease outside of Washington, D.C. and where is it located?...

Availability gap for class A and B in Charlotte industrial infill continues to grow https://www.avisonyoung.us/w/friendly-journal-URL – Over the last 6 months, Charlotte’s infill submarkets have...

West Coast ports rebound; however, industrial leasing paints a different picture Leasing activity has improved, particularly in the City of Industry and nearby submarkets, as tenants benefit from...

Los Angeles investment sales market continues to struggle with low volumes across all sectors The Los Angeles investment sales market has faced a significant downturn since the COVID-19 pandemic,...

Raleigh-Durham shallow bay vacancy leveling off https://www.avisonyoung.us/w/friendly-journal-URL – Vacancies in industrial properties under 100,000 sf have leveled off over the last few quarters...

Manhattan’s Park Avenue availability rate hits lowest value since 2018 Manhattan’s Park Avenue availability rate hits lowest value since 2018 https://www.avisonyoung.us/w/friendly-journal-URL   The...

Forecasting the Charleston industrial market’s path to a healthy vacancy Charleston industrial market vacancy rates have been rising. When will it return to normal?...

DFW office market shows mixed recovery, but urban core nears pre-COVID levels As of December 2024, the U.S. office sector had rebounded to 60.8% of where it stood before COVID and the sector’s...

A tale of two cities: Greenville/Spartanburg industrial market sees diverging vacancy rates amid surge in new inventory Explore the contrasting vacancy rates in the Greenville/Spartanburg...

Chicago office sales catch momentum in 2025 Chicago CBD office sales hit highest quarterly volume since 2023. Driven by private investors, notable real estate sales at discounts hint at market...

Port of Philadelphia (PhilaPort) sets sights toward expansion after another record-breaking year of TEU volume PhilaPort had a record-breaking year, handling 841K TEUs—a 13.1% annual growth rate,...

Navigating Lakeland/Polk County's route to industrial stability in the Tampa MSA Lakeland/Polk County's industrial market vacancy and stability in the Tampa MSA...

Established properties lead Fort Lauderdale's industrial market Building constructions maintained an average occupancy of 96% between the year 2000-2009 and 2015-2019. But after the year 2020 the...

New Jersey office leasing activity has increased year-over-year in 2024 New Jersey office leasing activity has increased year-over-year in 2024 https://www.avisonyoung.us/w/friendly-journal-URL  ...

Development activity picks up among for-sale housing market across the U.S. while demand increases in multifamily As people seek affordable, accessible alternatives amid rising home prices and...

Big-box shakeup: Expansions surge as retail closures reshape Phoenix market https://www.avisonyoung.us/w/big-box-shakeup-expansions-surge-as-retail-closures-reshape-phoenix-market Big-Box Expansion...

Atlanta’s industrial market driven by port activity and strong tenant investments https://www.avisonyoung.us/w/friendly-journal-URL – The Atlanta market closed 2024 with more than 45.3 million...

Fairfield County average lease size sees year-over-year increase Fairfield County average lease size sees year-over-year increase https://www.avisonyoung.us/w/friendly-journal-URL   The average...

Long Island average office lease size sees year-over-year increase Long Island average office lease size sees year-over-year increase https://www.avisonyoung.us/w/friendly-journal-URL   The average...

MSP office leasing congregating in next-newest tier of buildings In this data bite, we looked at the historical leasing volume by different office building construction eras. In the post-pandemic...

Understanding the asking rent disparities across class A, B, and C office spaces in Charlotte https://www.avisonyoung.us/w/friendly-journal-URL – Since 2016, Class C office prices have increased by...

The rise of leading office industries in Raleigh-Durham https://www.avisonyoung.us/w/friendly-journal-URL - The tech industry office footprint consistently exhibits the highest year-over-year...

Active GSA office footprints in the DC Metro region https://www.avisonyoung.us/w/friendly-journal-URL Under the current administration's emphasis on reducing government spending through the...

2025 or 2005? Greater Boston suburban offices trading below values recorded almost 20 years ago Greater Boston suburban offices trading below values recorded almost 20 years ago...

The Los Angeles multifamily sales market shows gradual recovery amid federal interest rate cuts After a period of subdued activity amid high rates, recent cuts are rekindling buyer confidence and...

New product deliveries retreat to pre-pandemic levels across the Philadelphia industrial market Philly's 2024 industrial deliveries dropped 63% to 17.9 msf (vs. 48.4 msf in 2023). Top areas:...

CBD offices in Greenville and Spartanburg eclipse suburban counterparts as demand shifts to experience-driven work environments Class A offices in the central business districts of Greenville and...

Charleston's office market continues to outpace the national average Charleston continues to attract new residents and businesses, and as a result the city's office market has seen a modest...

Sublet availability in Austin continues to decline Austin’s office sublease market has gradually picked up throughout 2024, with availability rates decreasing quarter-over-quarter....

U.S. holiday retail sales in 2024: Strong growth amid shifting shopping behaviors Despite inflation and negligible foot traffic growth, the 2024 holiday shopping season witnessed resilient consumer...

Nashville investment activity across most sectors began to rebound in 2024 Investment sales in Nashville rebounded in 2024, with office, industrial, and retail sectors experiencing year-over-year...

New Jersey industrial leasing activity has increased for two years in a row, reaching 33.7 msf leased in 2024 New Jersey industrial leasing activity has increased for two years in a row, reaching...

Houston’s industrial buildings are getting bigger The Houston industrial development market has experienced a dramatic shift in building size over the past five years....

DFW’s industrial market – still working to reach balance DFW remains a preferred logistics hub due to its central US location, strong multimodal access options, and affordability....

Market outlook: Atlanta office activity proving promising for 2025 https://www.avisonyoung.us/w/friendly-journal-URL – Although Atlanta’s 2024 office leasing activity was down 21% compared to...

From coast to coast: A regional breakdown of U.S. office recovery While office leasing is still below pre-pandemic levels across the U.S., some markets and regions are recovering faster than...

Older Long Island office buildings see year-over-year drop in leasing activity Older Long Island office buildings see year-over-year drop in leasing activity...

Tech leads San Francisco’s leasing resurgence Leasing activity in San Francisco picked up in Q4 2024, totaling 1.62 msf. This saw the total leasing volume finish at 6.30 msf for the year, marking...

Chicago industrial construction activity slowly accelerating Chicago industrial market: 9.3 msf new projects in 2024, 14 msf under development. I-80 Corridor leads with major build-to-suit...

Fairfield County office leasing activity surges in newer buildings Fairfield County office leasing activity surges in newer buildings https://www.avisonyoung.us/w/friendly-journal-URL   Among...

Comparing sublease and direct office availability in the MSP area In this data bite, we looked at the MSP Available Sublease Office space landscape and analyzed the decline in volume since peaking...

Manhattan 2024 leasing activity leads post-COVID recovery among major markets Manhattan 2024 leasing activity leads post-COVID recovery among major markets...

Demand for medical space remains strong in major U.S. cities despite population shifts and rising rental rates When people move out of big cities, it can have drastic effects on healthcare...

Comparing office tenant leasing activity in Washington, D.C. https://www.avisonyoung.us/w/friendly-journal-URL The D.C. office market saw a significant uptick in leasing activity (in square...

Shifting preferences: Growing demand for smaller spaces in western U.S. industrial hubs Traditionally a hub for large occupiers due to its proximity to West Coast ports, the Inland Empire is seeing...

Law firms & lease comps are keeping the Atlanta market on its toes https://www.avisonyoung.us/w/friendly-journal-URL – In 2023, major U.S. markets noticed an increase in law firm market activity...

New Jersey industrial average asking rents have dropped by 6.7% YTD New Jersey industrial average asking rents have dropped by 6.7% YTD https://www.avisonyoung.us/w/friendly-journal-URL   The...

Average under construction building size has fallen 25.3% over the past five years across the Philadelphia industrial market Average under construction building size has fallen 25.3% over the past...

Nashville leasing activity shifting towards smaller office footprints The post-COVID office market sees tenants favoring smaller spaces, with average leases shrinking by 2,000 sf. Despite rising...

Bay Area leads national VC funding The Bay Area’s share of VC funding currently accounts for over half of the nation’s total funding heading into the end of Q4 2024. Even more remarkably, this...

Higher quality offices command larger leases in Minneapolis – St. Paul In this data bite, we analyzed the changes in the average lease size each year since 2019 in office leases within high-quality...

From speculative to secured: the rise of build-to-suit projects in Chicago's industrial sector Chicago's industrial development pipeline has increased significantly with vacancy remaining low...

Downtown Boston’s Class B market will see 2.5% reduction in vacancy following office to residential conversions Downtown Boston’s Class B market will see 2.5% reduction in vacancy following office...

Houston’s industrial delivery space gap is expected to drive down vacancy rates in 2025 While 2024 deliveries are expected to moderate, they'll still exceed pre-pandemic levels. The supply pipeline...

Black Friday boosts in-store shopping above pre-pandemic levels across U.S. During the 2024 holiday shopping season, consumers hit the shops in greater numbers than they did in 2019. Is this trend...

Inland markets rise: How Phoenix, Reno, and Las Vegas are redefining western U.S. logistics https://www.avisonyoung.us/w/friendly-journal-URL Port Cities decline: Leasing for large distribution...

Flight to “Experience” a prevalent theme in MSP office activity In this data bite, we took a look at the evolving “flight to experience” by analyzing Trophy & Class A and Class B & C visitation...

Top 20 industrial leases in Chicago over the past two years: Major players and prime locations Top 20 industrial leases signed in Chicago have added up over the past two years across submarkets...

Highest NNN Starting Retail Rents Across Phoenix Range from $30 to $60 https://www.avisonyoung.us/w/highest-nnn-starting-retail-rents-across-phoenix-range-from-30-to-60 Phoenix's retail triple net...

Long Island industrial market’s vacancy rates performance varies by building size Long Island industrial market’s vacancy rates performance varies by building size...

U.S. office sublease options dwindle as most markets’ availabilities decline Office sublease space has been steadily declining over the past year, with major markets across the U.S. leading the...

New Jersey industrial total vacancy rate reaches decade high; average NNN asking rent decreases New Jersey industrial total vacancy rate reaches decade high; average NNN asking rent decreases...

Flight to quality persists in the Washington, DC office market https://www.avisonyoung.us/w/friendly-journal-URL The scoring model presented in the graph uses a 0-100 scale to evaluate office...

Chilling Expansion: Chicago’s cold storage boom Development of cold storage buildings is surging in Chicago's Industrial market https://www.avisonyoung.us/w/friendly-journal-URL The development of...

Atlanta office leasing activity by size buckets https://www.avisonyoung.us/w/friendly-journal-URL – When examining deals by square footage, deals less than 10k sf make up the majority share of...

Raleigh-Durham industrial cap rates and vacancy continue to rise, though market optimism grows https://www.avisonyoung.us/w/friendly-journal-URL – The Raleigh-Durham industrial market has seen a...

Price gaps in the skyline: the premium on quality office trades in the U.S. The price gap between top-tier and overall office trades continues growing amid rising prices and potential Fed rate...

Across Greater Philadelphia, the total available SF for office space remains highest among urban submarkets Across Greater Philadelphia, the total available SF for office space remains highest...

Industrial & flex availability concentrated in newer, recently delivered facilities in Greater Boston https://www.avisonyoung.us/w/friendly-journal-URL Throughout Q4 2024, industrial & flex space...

Data center power demand to triple by 2030: Nuclear energy expected to reduce grid dependence Demand for data center power is expected to grow exponentially in the next five years, driven by AI...

New medical facilities drive increasingly high rents in top U.S. metros, widening MOB rental rate gap With premium rents rising and demand for high-quality spaces climbing, the gap between...

Growing demand for spec suites in Northern Virginia's Rosslyn-Ballston Corridor Spec Suites are fully furnished ready to move in office spaces that landlord provide for tenants for quick and easy...

Sub-100,000-sf requirements dominating leasing activity in Nashville, keeping vacancy tight for small-bay properties Industrial leasing in Nashville is at record highs, driven by strong demand for...

Houston sees strong demand in newly delivered office buildings Since 2020, Houston's office market has added 5.5 msf of new space, with the bulk, 2.7 msf, delivered in 2021. This new inventory...