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Miami’s office recovery rates continue to climb through 2024 Miami's return-to-office efforts have continued to increase in 2024, over a 9% increase in office visits since 2023....

Is this the new normal for office utilization in Fort Lauderdale? Fort Lauderdale's office utilization is settling into a new normal, marked by steady but modest growth, with Mondays becoming the...

Nashville offices are busier earlier in the week Explore how employees' preferences for in-office days impact overall busyness levels compared to 2023 and pre-pandemic 2019...

Monday office attendance is improving in Raleigh-Durham https://www.avisonyoung.us/w/friendly-journal-URL – In the last year office attendance on Monday has grown by over 25% suggesting that...

Atlanta’s office recovery in-line with national average https://www.avisonyoung.us/w/friendly-journal-URL – Atlanta's office busyness index averaged 61.9% in June 2024 compared to a pre-pandemic...

DFW’s industrial market – going through a rapid evolution While DFW has been a preferred logistics hub for a very long time due to the combination of its central US location and strong multimodal...

Denver industries with an increase in busyness As Denver acclimates to the current office landscape, certain industries have seen the highest office utilization rates as employees return to office...

Manhattan law firms and media/entertainment companies are outpacing last year’s busyness https://www.avisonyoung.us/w/friendly-journal-URL   According to the Avison Young Busyness Index, law firms...

The Office Busyness Index highlights recovery patterns and peak days in DC Metro area AVANT's new Busyness Index enables us to monitor the resurgence of office attendance across various markets. In...

Fairfield County office users favor going into the office early in the week https://www.avisonyoung.us/w/friendly-journal-URL   As of June 2024, Fairfield County office buildings are 43.8% busier...

Long Island offices are busier earlier in the week https://www.avisonyoung.us/w/friendly-journal-URL   As of June 2024, office buildings in Long Island are 17.1% busier on Mondays compared to the...

Las Vegas back-to-office trend outperforms the national average Las Vegas back-to-office trend outperforms the national average https://www.avisonyoung.us/w/friendly-journal-URL Utilizing raw...

New Jersey office busyness increases as employees frontload their work week https://www.avisonyoung.us/w/friendly-journal-URL   Overall office usage in New Jersey has increased year-over-year...

Greater Boston office market sees strongest Y-o-Y visitation recovery on Mondays, Tuesdays https://www.avisonyoung.us/w/friendly-journal-URL In July 2024, Boston office properties saw increased...

Office buildings within Chicago’s CBD are recovering faster than Chicago’s suburban offices Chicago’s office building utilization during the month of June 2024 reveals that office visitation is...

Smaller U.S. industrial spaces outshine bulk sector amid inventory shortages and evolving tenant preferences The oversupply of larger industrial spaces has received considerable attention; however,...

Investor confidence on the rebound: U.S. industrial pricing remains positive amid rising costs and curbed transaction activity The industrial sector has maintained value appreciation and robust...

Total industrial availability across Greater Philadelphia continues to rise due to large increases in sublease availability and ongoing delivery of new product...

Climbing the interest ladder: Unveiling the surge in U.S. commercial property debt yields Investors are shifting focus toward more stable properties with reliable income streams amid macroeconomic...

Denver loan maturities by property type Denver faces a looming test as a staggering $41.9 billion in commercial real estate loans come due in the next five years, with a notable chunk of over $9.6...

The data-driven future: global datasphere’s rapid growth expected to drive demand on data centers Explore the exponential growth in data consumption and AI technologies and the effects on the...

Houston’s top submarkets for industrial growth The Houston industrial market has experienced significant growth since Q4 2019, with a total of over 127 msf of new space added, representing a...

Time for a mid-year audit – DFW’s office availability weighed down by both old and new product “Obsolete” office space driving up vacancy and space availability is a popular media topic. In DFW,...

The future is bright for manufacturing in Charleston Charleston, South Carolina is one of the top-growing manufacturing markets in the U.S., with the automotive & transportation industry as the...

West Phoenix submarket leads the Phoenix retail market with rapid deal closures in Q1 2024...

Balancing future supply and demand in Miami's office market To better meet current demand, proactive landlords in Miami are subdividing large blocks of office space into smaller speculative spaces...

Shifting sales dynamics in the Tampa industrial market Higher-priced industrial spaces are dominating in Tampa, signaling valuations are continuing to increase in 2024....

High-end office properties attract larger tenants in Orlando The disparity between high-end and mid-tier commercial spaces is growing larger in Orlando as tenants continue to prefer larger high-end...

Fort Lauderdale office valuations adjust to market conditions Fort Lauderdale office valuations continue to evolve as there has been a 24% year-over-year increase in the number of office...

Changes in job postings in the DC Metro region https://www.avisonyoung.us/w/friendly-journal-URL In the DC Metropolitan region, job postings have declined overall since 2021 due to various factors,...

Chatham County experiences massive industrial rent growth in Raleigh-Durham https://www.avisonyoung.us/w/friendly-journal-URL – Chatham County is experiencing by far the most industrial rent growth...

Atlanta’s retail market continues to tighten https://www.avisonyoung.us/w/friendly-journal-URL – Pre-pandemic, Atlanta’s retail market historically presented a decline in availability along with...

Inland Empire industrial construction starts have slowed following surge in new developments between 2020-2022 During the pandemic, the warehouse market saw intense competition due to heightened...

San Francisco sublease availability to lease expirations ratio by submarket shows surprising story San Francisco submarkets will see approximately 34 msf of lease expirations over the next five...

Downtown Los Angeles continues to embrace office to multifamily conversions Since 2014, over 2,000 units per year have been delivered to the downtown Los Angeles market...

PhilaPort sees historical increase in TEU volumes, motions to expand warehousing and logistics capabilities https://www.avisonyoung.us/w/friendly-journal-URL   The Port of Philadelphia (PhilaPort)...

DFW’s deep tech roots make it a haven for gaming development and technology innovation Because of their cutting-edge tech focus, northern California and Seattle have always been acknowledged as the...

Houston’s multifamily market remains strong despite recent fluctuations Investment sales volumes in Houston have plummeted to their lowest point in a decade, a stark contrast to the record highs...

Investment activity in Atlanta remains sluggish through the first half of 2024 https://www.avisonyoung.us/w/friendly-journal-URL – Investment sales activity remains tempered in Atlanta for all...

Examining Changes in MSP’s Office-Using Commuter Preferences Utilizing Placer.ai data, Avison Young analyzed select areas of the MSP Office Market (Minneapolis CBD, St. Paul CBD, & West End) to...

Chicago industrial average price per sf holds strong despite slowing activity Despite a slowdown in overall investment activity within the Chicago industrial market, the average price per sf has...

U.S. office leasing trends by industry: a comparative analysis of rental rates and lease terms Explore how office leasing rental rates and average terms vary by sector and what it means for the...

Suburban retail in Raleigh-Durham has thrived post covid https://www.avisonyoung.us/w/friendly-journal-URL – Urban retail has struggled post covid when compared to suburban retail. Despite an 18%...

The recent fall of development and loans in the DC Metro area https://www.avisonyoung.us/w/friendly-journal-URL The office development pipeline in the DC Metro area has remained notably subdued in...

Large block leases are taking a larger share of the Manhattan office market https://www.avisonyoung.us/w/friendly-journal-URL Through the first half of 2023, leases of 100,000 square feet or...

Major industry job postings see spike in Fairfield County https://www.avisonyoung.us/w/friendly-journal-URL   In May 2024, Fairfield County had approximately 13,000 postings across major...

75% of Industrial inventory under construction in New Jersey is set to deliver empty https://www.avisonyoung.us/w/friendly-journal-URL   There is currently 15.3 million square feet of industrial...

Long Island Industrial available space steadily decreasing https://www.avisonyoung.us/w/friendly-journal-URL   In Q2 2024, there was 9.47 million square feet (msf) of total available industrial...

Q2 2024 industrial investment sales volume in Greater Boston already exceeds Q1 totals, on pace to set a 2-year quarterly record https://www.avisonyoung.us/w/friendly-journal-URL In Q1 2024,...

Las Vegas retail market thrives through and beyond pandemic with record rent and occupancy rates...

How are CRE loan maturities changing over the next five years in Greenville? Commercial real estate loan maturities in Greenville, South Carolina over the next five years....

Leveraging value: Unveiling the cap rate dynamics in U.S. office building financing https://www.avisonyoung.us/w/friendly-journal-URL The relationship between cap rates and average loan-to-value...

Newer buildings dominate Tampa’s office demand Tampa's office market has attracted consistent demand for top-tier spaces with positive absorption on newer buildings constructed since 2010....

Orlando’s submarkets adapt to shifting office leasing trends as fundamentals remain strong Orlando's submarkets have adjusted to different commercial real estate trends, focusing on substantial...

Industrial groundbreakings continue facing downward pressure across the Philadelphia market https://www.avisonyoung.us/w/friendly-journal-URL After nearly two years of record-breaking amounts of...

Shrinking availability and steady demand in store for West Palm Beach’s office market Uncover the driving forces behind West Palm Beach's thriving office market, such as robust performance, unique...

Miami’s investment activity remains sluggish through the first half of 2024 Miami experienced mixed outcomes in the first half of 2024, with the multifamily sector cooling and the retail market...

The need for smaller offices remains strong in Fort Lauderdale Evolving tenant preferences shape Fort Lauderdale's office market, with smaller spaces dominating leasing activity....

Capitalizing on resurgence: U.S. life science IPOs poised to spark leasing demand in 2024 and 2025 Indicators point to a potential increase in life science IPOs in 2024, which could lead to an...

Available sublease space in the NJ industrial market increases by 34% year-to-date https://www.avisonyoung.us/w/friendly-journal-URL Since year end 2023 there has been 2.15 million square feet of...

FIRE industries are driving demand for office space in Urban Boston, Tech and other industries lag behind https://www.avisonyoung.us/w/friendly-journal-URL Currently, Urban Boston TIM’s (tenants in...

Atlanta’s office tenants are seeking shorter lease terms, let’s break it down by industry https://www.avisonyoung.us/w/friendly-journal-URL – When looking at Atlanta’s most active office tenants by...

Houston's office market shows clear stratification by building class Houston's office market caters to diverse needs with an average lease size of 4k sf. A closer look reveals a clear...

Trends in leasing transactions in DC proper https://www.avisonyoung.us/w/friendly-journal-URL The office market in Washington, DC has recently witnessed a noticeable surge in lease renewals,...

Large scale tenants still seeking office space in DTLA The downtown Los Angeles office space is expected to see a large spike in positive net absorption due to the volume of space required by the...

The Los Angeles multifamily investment market is picking up as major investors look to move capital away from office and single-family products Since the beginning of the Covid-19 pandemic in Q2...

Outlining San Francisco’s road to recovery At the end of Q1 2024, San Francisco recorded the highest office vacancy out of any major market in the U.S. at 30.2%. In the 10-years preceding Covid,...

Out-of-market visitors to Chicago’s landmarks are recovering at various rates compared to pre-pandemic levels Traffic upticks at Chicago landmarks, as tourist numbers near pre-pandemic levels...

Ipo funding is leading the pack in Raleigh-Durham life science https://www.avisonyoung.us/w/friendly-journal-URL – Debt and equity was the most popular life science funding type in 2021 and 2022,...

Filling the void: How dental providers can leverage Dallas’ growth and unmet demand Discover untapped dental opportunity sites in the Dallas-Fort Worth area amid a forecasted population boom....

Decoding the disparity: Unraveling the divergence between office and industrial capitalization rates Several factors are at play with the reshaping of office and industrial investor cap rates from...

Smaller floorplates in the Phoenix office market show lower vacancy rates than pre-pandemic levels...

How are CRE loan maturities changing over the next five years in Charleston? Charleston is poised to see a significant influx of commercial real estate loans maturing in 2024 and over the next five...

MSP’s retail market continues to tighten post-pandemic We analyzed the Minneapolis – St. Paul Retail Market’s annual net absorption and vacancy rate to give some context to the continued...

How do Atlanta’s mixed-use shopping destinations compare? https://www.avisonyoung.us/w/friendly-journal-URL – When looking at visitor count over the last 12 months, Atlantic Station shows the most...

Manhattan Office Leasing Snapshot by Industry: What Insights Can We Gain? manhattan-office-leasing-snapshot-by-industry-what-insights-can-we-gain- Banking, finance, insurance, and real estate...

Houston industrial flex spaces see longer lease times Houston’s industrial real estate continues to see strong leasing activity, with spaces filling up quickly....

Industrial activity in New Jersey stumbles through the first quarter https://www.avisonyoung.us/w/friendly-journal-URL 6.67 msf of leasing activity occurred in the first quarter of 2024, falling...

VC/PE Funding is back on the rise across Greater Philadelphia https://www.avisonyoung.us/w/friendly-journal-URL The Philadelphia Metropolitan Statistical Area (MSA) has experienced a 76.5%...

Vehicle and WMATA traffic increases over the past two years in the DC area https://www.avisonyoung.us/w/friendly-journal-URL Compared to Q1 2022, vehicle traffic and WMATA ridership during daytime...

Industrial facilities ranging from 100,000 to 249,000 square feet in Greater Boston experience a rise in their share of leasing activity https://www.avisonyoung.us/w/friendly-journal-URL Within the...

Smaller office spaces in Raleigh-Durham prove popular https://www.avisonyoung.us/w/friendly-journal-URL – For new office deals in Raleigh-Durham since the start of 2023, small spaces are in high...

Chicago’s industrial landscape is seeing a decrease in both average lease term and landlord incentives Tenant uncertainty leads to decrease in average lease term and landlord incentives as tenants...

Las Vegas multifamily market soars by a 118% increase in deliveries from 2022 to 2023 Las Vegas multifamily market soars by a 118% increase in deliveries from 2022 to 2023...

The New Jersey industrial market continues to see an increase in smaller sized leases https://www.avisonyoung.us/w/friendly-journal-URL So far in 2024, 93% of industrial leases signed have been for...

Flight to higher quality office space continued across the Greater Philadelphia market in the first quarter of 2024 https://www.avisonyoung.us/w/friendly-journal-URL A total of 1.68 msf of office...

Greenville—the most affordable industrial market in the Southeast Industrial commercial real estate rent growth has increased significantly in the Southeast between 2020 and 2023, with Greenville...

FIRE tenants continue to dominate Manhattan office leasing activity https://www.avisonyoung.us/w/friendly-journal-URL From pre-COVID (2018 to March 2020) to post-COVID (April 2020 to Present), the...

Most active developers in the Austin industrial market Leading developers have been focusing their attention on Austin's suburban submarkets, such as Hays, Georgetown, and Far Northeast....

Houston industrial warehouse and distribution rental rates are stabilizing Houston industrial rents dipped at the pandemic's start, then surged to record highs. Now we are seeing signs of...

Smaller office spaces continue to dominate in West Palm Beach The soaring demand for smaller office spaces is evident, with these units constituting 74% of new signed leases under 10,000 square...

Smaller spaces, bigger opportunities: Office landlords strategize in Tampa Tampa's office market reveals imbalances in new leases under 10,000 sf and expirations over 50,000 sf in the last two...

Renewed office tenant optimism fuels new leases and expansions in Orlando Discover the evolving landscape of Orlando's office market as economic headwinds shift tenant decisions, causing a...

From Main Street to Wall Street: Institutional investment surges in single-tenant retail assets in the U.S. Despite the rise of e-commerce affecting consumer shopping behaviors, investors are...

Trophy offices continue to outshine others in Miami Trophy properties have outperformed class A and class B properties for the past five years. Will the trend continue?...

Are office lease expirations in the Fort Lauderdale area influencing job opportunities? As office lease expirations increase in the Fort Lauderdale office market, job postings have significantly...

Swinging labor market: RTO mandates shake up employee leverage across U.S. Dive into the changing landscape of employee leverage amidst evolving return-to-office mandates. Learn how these shifts...

Newer construction has continued to see positive net absorption over the past 7 years within the MSP office market In 2024 YTD, net absorption has turned positive, primarily driven by office...

Phoenix industrial market: Declining pre-leasing rates highlight gap between vacancy and availability...

How have Denver industrial sales been affected by interest rates? Rising interest rates, reaching 5.3% by year-end 2023, have increased borrowing costs for developers and investors, leading to a...