data
bites

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...

Office properties near Chicago’s suburban transit stations have performed better over the course of the pandemic Vacancy rates remain lower in areas within three blocks of commuter hubs...

U.S. AI job surge: revolutionizing industries and redefining workplace needs Discover the transformative impact of AI on office leasing, data storage, and job markets! Explore the rapid growth in...

Rents in Downtown Boston typically bottom out 2-3 years after recessions https://www.avisonyoung.us/w/friendly-journal-URL After recessions, rents in Downtown Boston typically reach a nadir 2-3...

AI job market trends highlight California’s dominance and potential growth for tech-centric states Despite national office market challenges, robust AI job posting figures in 2023 indicated...

Austin CRE market to see $17.8 billion in loan maturities over the next five years In the upcoming five years, Apartment and Hotel property types stand out, collectively constituting the majority...

Has flight to quality run its course in U.S. offices? Trophy and class A spaces have been popular among office occupiers even before the pandemic. As some U.S. markets start showing increased...

Las Vegas' ongoing suburban office development provides a competitive advantage when contrasted with typical metropolitan office markets Las Vegas' ongoing suburban office development provides a...

Venture capital investment remains active in Chicago The biotech and life-science sector has led the way in regards to Chicago-based companies securing venture funding...

Demand for high-quality offices leads to diminishing large block availability in Miami Large block availability is shaping supply trends and influencing tenant demand in Miami's office market. Stay...

Flight to quality continues to drive asking rent growth in Fort Lauderdale’s office market Robust rent growth, tenant demand for high-quality buildings and the rise of trophy properties are all key...

How has Orlando’s class A and class B office availability changed over the years? Discover what key trends have shaped Orlando's office market from 2020 to 2023 and how they have affected class A...

Weakened office demand in Tampa creates imbalance in asking prices vs. sales prices Tampa's office market dynamics are shifting, with average asking prices per square foot surpassing sale prices...

Nashville office: Where is the flight to quality happening the most? Discover how Nashville's leasing landscape is evolving with a focus on upscale amenities and upgraded spaces....

Boston - Over the past 12 months, Seaport and CBD have witnessed the highest share of office leasing activity https://www.avisonyoung.us/w/friendly-journal-URL Over the past 12 months, the CBD and...

Labor demand for AI skills continues to grow across the U.S. Explore the rapid growth of the AI industry and its potential impact on office markets in major cities like San Francisco and New York....

Office odyssey: A charted exploration of value correction in major U.S. cities’ office buildings Navigate the challenges of shifting office values post-COVID-19 with insights on interest rates,...

Quantifying the AI Boom across major markets Artificial Intelligence Venture Capital funding for the U.S., San Francisco Bay Area, Europe, China, New York, and other major metropolitan areas...

Downtown Chicago traffic trends continue to grow from their pre-pandemic averages Overall traffic crossing Chicago's bridges is on the rise, totaling over 114 million impressions in Q4 2023....

Traffic into Downtown Minneapolis and St. Paul continues to rebound Vehicular and pedestrian traffic is on the rise in Downtown Minneapolis and St. Paul...

How are CRE loan maturities changing over the next five years in Fort Lauderdale? Discover Fort Lauderdale's commercial real estate market dynamics as $16.3 billion worth of loans are set to mature...

Stability vs. flexibility: what do Tampa’s office industries value in lease terms? Tampa's office industries vary with diverse lease term preferences, weighing stability against flexibility. Learn...

Potential shift looms in Houston’s tenant-friendly office market Faced with a surplus of available space, landlords are motivated to strike deals, but rising costs of capital and construction are...

Austin office occupancy outperforms national average Austin leads the top 10 metro areas with an average building occupancy rate of 63.3%, consistently exceeding the national average for...

Do certain office-using industries across the U.S. commit to longer lease terms than others? Office lease terms vary by industry in the U.S., with factors like sublease space and flexibility needs...

In 2023, law firms and FIRE industries secured a larger portion of office leasing activity in Boston compared to the previous year. https://www.avisonyoung.us/w/friendly-journal-URL • In the...

North Charleston office submarket shows promising growth for 2024 Charleston's average asking office rents have increased by 16% since 2020, with North Charleston showing the most significant...

Denver office leasing demand by top industries in 2023...

While DFW office availability has continued to mount, some submarkets have performed better than others Like all major office markets, the sector’s shift has caused total DFW office availability...

Tech still tops office leasing demand in Austin The hybrid work model has transformed office leasing, creating diverse needs for space and distinct demands in different tenant industries....

Phoenix medical office occupancy outperforms traditional office market https://www.avisonyoung.us/w/phoenix-medical-office-occupancy-outperforms-traditional-office-market   –The Phoenix office...

Trophy properties in urban Boston showcase the longest average lease term lengths https://www.avisonyoung.us/w/friendly-journal-URL In downtown Boston, trophy properties dominate with the highest...

Have return-to-office initiatives been successful in Miami after the pandemic? Amid navigating government policies and return-to-office initiatives, what does Miami's recovery rate look like post...

Large block availabilities in West Palm Beach are a driving force in office market supply trends Supply trends in the West Palm Beach office market are influenced by the availability of large...

How did office tenant demand in Fort Lauderdale shift from 2022 to 2023? Demand has shifted across industries that leased office space in Fort Lauderdale during the economic slowdown in 2022...

Minneapolis developers increasingly aim to position office assets Indicative of the poor demand for office assets, nearly two-thirds of office space traded during 2023 was bought with the...

For Chicago office space, quality and location are in high demand High demand shrinks trophy availability despite new deliveries in Chicago office market....

How have concession packages in class A/trophy and class B office properties in Tampa changed since 2020? Owners use lease concessions to drive tenant demand to the post-pandemic surge of available...

Urban and suburban office leasing trends contrast in Jacksonville Leasing periods in Jacksonville's urban office properties are significantly higher than suburban properties...

Navigating availability and pricing trends in Orlando’s office market Orlando maintains strong market fundamentals as companies continue redefining office usage post pandemic...

Office relocation lease terms are over 34% longer than renewals in the U.S. Relocation lease terms in U.S. offices are longer than renewals https://www.avisonyoung.us/w/friendly-journal-URL...

Office investment sales market slows down in Houston Houston's office investment sales market took a tumble in 2023. Rising interest rates, tighter lending standards, and the devaluation of office...

Countdown to consequences: near-term Nashville loan maturities give landlords a real minefield to navigate A substantial number of office and industrial loans mature in Nashville in the next 12...

Lowcountry Rapid Transit projected to increase commercial development - approximately 13 msf of new retail, office and hospitality spaces expected Lowcountry Rapid Transit system projected to spur...

Suburban office demand in West Palm Beach increases as urban rents continue to climb Continued economic headwinds and surges in top-quality office asking rates cause differing demand among suburban...

Which industries are driving office leasing activity in Orlando? Orlando's office market has changed over the past few years, with the rise of hybrid work affecting leasing differently depending on...

How does the number of office job postings in Fort Lauderdale compare to salary growth? Fort Lauderdale has experienced a decline in in-office job postings, reflecting a change in the labor market....

Tech industry gaining investor interest in the South Carolina Upstate, surpassing biotech and life sciences Tech companies have seen increased interest from investors in 2023, surpassing biotech...

Which Jacksonville office submarket experienced the most growth from 2019 to 2023? Jacksonville's office market has steadily grown in average asking rents from 2019 to 2023 with certain submarkets...

Downtown Raleigh lags the larger market in office investment sales Investment sales of Downtown Raleigh office buildings compared to the rest of the Raleigh Durham market...

Urban Boston office investment sale volume sees uptick, setting a new baseline on pricing compared to 2022 https://www.avisonyoung.us/w/friendly-journal-URL Since the beginning of 2023, office...

FIRE and tech tenants lead the way for future U.S. office market activity FIRE and tech tenants lead the way for future U.S. office market activity https://www.avisonyoung.us/w/friendly-journal-URL...

Minneapolis-St. Paul's leasing activity for sublease space picking up MSP's available sublet space reached a record-high in 2023 Q2 following the downsizing of some of the area's top employers...

Tenant demand for office space remains active amidst shifting space needs in Nashville While rise in vacancy may give an impression of the market “softening”, tenant demand remains active in both...

U.S. Law firms’ share of leasing reaches highest level since 2010 https://www.avisonyoung.us/w/friendly-journal-URL In major U.S. office markets, law firms tend to increase market activity when...

Who is seeking top-tier office space in Miami post pandemic? There have been significant industry shifts in trophy and class A leasing activity before and after the pandemic...

Sector trends emerge in Tampa among office lease expirations The pandemic caused differing levels of leasing activity depending on industry sector, which has contributed to upcoming lease...

What do large block availabilities look like across Fort Lauderdale’s submarkets? Large block availabilities are increasing in Fort Lauderdale's submarkets as more large leases are set to expire by...

A new era of modern and sustainable office space is dawning in Houston Leasing activity has been concentrated in newer, higher-quality inventory, leaving older vintage assets to hold a significant...

The availability gap is shrinking between CBD and Suburban markets within Chicago for Trophy/Class A office space The availability gap between CBD and Suburban Chicago markets for Trophy and Class...

Raleigh Durham class C property maintains the lowest office availability Raleigh Durham commercial real estate office availability by property class...

San Francisco office vacancy and 30-year mortgage interest rates converge following the Covid-19 pandemic...

Job postings in Greater Boston are down over the last twelve months. Here are the top 10 office-using occupations effected: https://www.avisonyoung.us/w/friendly-journal-URL Compared to September...

DFW International Airport — continual growth and influence The growth of the DFW International Airport and its powerful influence on the area’s economic growth. Corporate headquarters relocation...

How have Miami's office job postings changed since before the pandemic? Miami's office job postings have experienced a range of increases and decreases from before the pandemic to the third quarter...

Despite economic headwinds, office owners’ expectations remain misaligned in Tampa Despite owners driving up asking sale prices, demand for office buildings in Tampa remains low amid economic...

How does office tenant demand differ in Fort Lauderdale’s top five submarkets? Fort Lauderdale's top five industries for office leasing activity vary greatly by submarket...

Flex office providers lead the way in Charleston Since 2020, office users in Charleston have decreased their footprint significantly when compared to leasing activity between 2016 and 2019....

Orlando’s job posting growth experiences significant disparities across different industry sectors Multiple core economy-driving job postings decline in Orlando while postings in critical sectors...

Investment activity shows resiliency through economic headwinds in Fort Lauderdale Fort Lauderdale's industrial investment volume is booming amidst economic downturns...

Office leasing activity decelerates in Jacksonville, exerting a dampening effect on job postings As Jacksonville companies make cost-cutting efforts, office job posting volume and leasing activity...

DFW’s home affordability is acutely challenged despite an uptick in supply Dallas-Fort Worth’s change in home prices 2013–2023 and the potential impact on future economic growth...

U.S. Office employees still have upper-hand on flexible work options (for now) Office employees still have upper-hand on flexible work options. Here's what the worker quits-to-layoffs and...

While smaller leases dominate YTD transactions, overall leasing activity remains slow in Austin As of 2023, 1.1 million sf of office space, ranging from 1k-5k sf, has been in demand as seen in...

Boston’s monthly public transportation ridership has rebounded by 63% compared to pre-pandemic levels https://www.avisonyoung.us/w/friendly-journal-URL After the outbreak of Covid-19, Boston's...