data
bites

Denver market remains resilient despite construction activity and elevated vacancy https://www.avisonyoung.us/w/denver-market-remains-resilient-despite-construction-activity-and-elevated-vacancy...

The flight to quality continues in DFW but the newest office deliveries are taking more time to lease We took a closer look at Dallas-Fort Worth office building development and leasing activity...

Could Houston have a problem with the looming $1.7B office CMBS loans? Like most of the office markets nationwide, Houston has its share of CMBS loans with landlords facing some financial...

Bay Area office concessions being offered vary across the region https://www.avisonyoung.us/w/bay-area-office-concessions-being-offered-vary-across-the-region In San Francisco, tenants have...

Office employment and job posting data paint different complexions on the U.S. economy. Which is more telling? Office employment and job posting data paint different complexions on the U.S....

The Greenwich, CT office submarket maintains its superior performance compared to other regions within Fairfield https://www.avisonyoung.us/w/friendly-journal-URL When contrasting the two more...

Ridership on the Long Island Rail Road (LIRR) is steadily returning to normalcy https://www.avisonyoung.us/w/friendly-journal-URL In the week immediately preceding the commencement of lockdowns,...

Demand for smaller office space is increasing in Denver https://www.avisonyoung.us/w/demand-for-smaller-office-space-is-increasing-in-denver Due to uncertainty surrounding hybrid work and return to...

Manhattan office employment and job postings tell two distinct stories https://www.avisonyoung.us/w/friendly-journal-URL Job postings serve as a reliable leading indicator of future employment and...

Occupiers adopting a hybrid work model in San Diego are favoring smaller office requirements Occupiers continue to assess the best return-to-office strategies in San Diego. The Pandemic has created...

Raleigh-Durham suburban office leasing volume remains steady as remote job postings reach high levels Raleigh-Durham suburban office leasing volume remains steady as remote job postings reach high...

Economic concerns, return to office policies and right-sizing impact all asset classes in downtown Philadelphia https://www.avisonyoung.us/w/friendly-journal-URL Changes in occupancy across all...

Austin leasing activity suggests urban and suburban growth Leasing activity over the past few years suggests occupier demand remains strongest in urban environments, namely the CBD , East Austin,...

Trophy office rents soar in West Palm Beach as an abundance of new inventory delivers Tenants are prioritizing highly amenitized office spaces, causing trophy rent prices to increase...

Industry share of office job postings shift in Tampa Job listings in Tampa's office market have been declining to below pre-pandemic levels in 2023 https://www.avisonyoung.us/w/friendly-journal-URL...

Miami's office resiliency through economic cycles Through different economic downturns, Miami's office market has exhibited strength over the years https://www.avisonyoung.us/w/friendly-journal-URL...

Fort Lauderdale's office job postings remain elevated compared to pre-pandemic levels Quarterly job listing volume in the Fort Lauderdale office market remains high post pandemic...

Manhattan tenants are signing longer term leases in higher quality assets https://www.avisonyoung.us/w/friendly-journal-URL As the future office landscape continues to evolve, certain tenants...

Houston's top 5 submarkets for office leasing activity in 2023 (so far) Houston's office market has seen an uptick in leasing activity during the first half of 2023, with 3.3 msf leased and 37.8%...

Charleston office market outperforms cities with a less diversified city center Charleston office market has only seen a 18.0% increase in office vacancy. Atlanta and Charlotte, cities with...

Nashville’s office leasing seeing an increase in smaller footprints As numerous companies adopt hybrid work-from-home models, their office space needs are changing....

Greenville’s class C offices see decreased availability due to competitive rent rates Class A and class B offices have experienced increased availability since the pandemic, while class C offices...

Remote work remains prevalent, but heightened U.S. return-to-office mandates should lead to stronger near-term demand Remote work remains prevalent, but heightened U.S. return-to-office mandates...

Similar recovery of office leasing activity & CTA ridership in the Chicago CBD CTA ridership and Chicago CBD leasing activity have shown similar recovery patterns since 2020....

The 495 submarkets experience the greatest industrial growth across greater Boston in the last five years https://www.avisonyoung.us/w/friendly-journal-URL The 495 Belt has witnessed the highest...

Tech dominates and drives Atlanta office leasing activity in 2023 https://www.avisonyoung.us/w/friendly-journal-URL –The tech industry leased 6.6% more space during 2020-2023 YTD compared to...

DC metro magic: Exploring the symphony of office performance and proximity to the metro https://www.avisonyoung.us/w/friendly-journal-URL Tenants throughout the DC metro region have generally...

Bay Area sees divide in remote work job postings with lower figures in suburban markets...

DC metro magic: Exploring the symphony of office performance and proximity to the metro https://www.avisonyoung.us/w/friendly-journal-URL Tenants throughout the DC metro region have generally...

The Greenville office environment evolves as new industries grow their presence An influx of new industries is changing the office landscape in Upstate, South Carolina. Check out the breakdown in...

Suburban properties in Nashville witness psf pricing growth amid rising interest rates Viewed as a more affordable option, YTD office and industrial suburban sales have witnessed psf pricing growth...

Life science funding in Raleigh-Durham has cooled down in the past year  Despite this cooldown, Q1 and Q2 2023 have both seen higher funding totals than the same quarters in 2020, and Q3 and Q4 of...

Distress is mounting for U.S. commodity offices Landlords exposed to commodity assets may need to stretch their underwriting assumptions to capture tenant commitment....

A subset of large buildings make up a majority of Manhattan's office space availability https://www.avisonyoung.us/w/friendly-journal-URL As of Q2 2023, the Manhattan office market included 103.3...

Notable decreases in total job postings for both in-person and remote workers across Greater Philadelphia https://www.avisonyoung.us/w/friendly-journal-URL Total job postings (remote &...

Flight-to-quality trend in Boston driving asking rents up and availability down in Trophy buildings. https://www.avisonyoung.us/w/friendly-journal-URL Similar to most major office markets across...

Downtown Los Angeles sees incentive in tenant concessions for longer term deals The downtown Los Angeles market is seeing higher tenant concessions for longer term deals...

Dallas-Fort Worth’s long-term office supply & demand perspective illustrates how disruptive this cycle has been DFW office absorption, deliveries, and vacancy 1980–2023...

San Francisco venture capitalists ride the AI wave https://www.avisonyoung.us/w/friendly-journal-URL The AI boom in San Francisco is a breath of fresh air for the city and has venture capitalists...

A tale of two cities: The epic saga of supply vs. demand in Washington DC's commercial real estate market https://www.avisonyoung.us/w/friendly-journal-URL The Washington DC metro, specifically its...

Top 50 tech employers in San Francisco disproportionately shed more space than employees were laid off at the location https://www.avisonyoung.us/w/friendly-journal-URL Of the top 50 tech employers...

Despite headlines, a mere 4% of Google, Meta, Amazon and Apple’s total portfolio across Bay Area is available for lease https://www.avisonyoung.us/w/friendly-journal-URL –Of the approximately 57...

The Los Angeles Mansion Tax's effect on commercial real estate LA's Mansion Tax has brought a new discussion for investors when buying or selling properties...

More AI companies are circling the San Francisco market showing a potential expansion of more than half a million square feet. https://www.avisonyoung.us/w/friendly-journal-URL More AI requirements...

Greater Boston’s office-using industries see notable change in job postings Boston job postings seeing a decline from office-using industries https://www.avisonyoung.us/w/friendly-journal-URL Job...

Time on market surprisingly low and stable for Dallas-Fort Worth’s newer class A space We compare office buildings built before and after 2005 https://www.avisonyoung.us/w/friendly-journal-URL The...

Demand for physical office space in Miami shifts based on tenant industry Current leasing activity in Miami confirms some tenant sectors are experiencing stronger return-to-office levels than...

Atlanta’s office market’s historic performance during economic cycles Although economic downturns have had negative effects on Atlanta, the city's office market is known for trending positively...

From blueprint to boom: Unleashing the easing marvel of a next-generation Metro DC office building https://www.avisonyoung.us/w/friendly-journal-URL Since the pandemic structurally shifted office...

Office property Commercial Mortgage Backed Security (CMBS) loan maturities are increasing across Greater Philadelphia https://www.avisonyoung.us/w/friendly-journal-URL Across the Greater...

Flight to quality trend is real, but don’t discount cheaper offices Availability trends as an indicator of office property performance https://www.avisonyoung.us/w/friendly-journal-URL The...

Concessions for Manhattan Class A properties now equate to 24% of the total rent throughout the lease term https://www.avisonyoung.us/w/friendly-journal-URL Before COVID, tenants received an...

Changes in Chicago office availability haven’t been equal Chicago office space availability shifts: Older buildings see growth while newer ones decline. The 2000s vintage had significant changes...

Fairfield County office industries see notable changes in job postings https://www.avisonyoung.us/w/friendly-journal-URL Compared to pre-COVID levels, some large office industries in Fairfield...

The dance of dollars: Exploring investment volume by property type in the DC Metro Region https://www.avisonyoung.us/w/friendly-journal-URL The DC Metro Region, echoing a similar national trend,...

Raleigh-Durham continues to experience all-time high hourly construction wages with a moderate decrease in square footage under construction Southeast construction pipelines and labor wage...

Competitive labor conditions across Southeast metros affect Charleston, causing construction wages to rise Average hourly construction labor wages increase in Southeast cities in hopes of filling...

Regional construction pipelines and labor wages: How does Greenville, SC stack up? Southeast cities experience a rise in average hourly construction labor wages are on the rise amid workforce...

Long Island office industries see notable changes in job postings https://www.avisonyoung.us/w/friendly-journal-URL Compared to pre-COVID levels, some large office industries on Long Island are...

Houston's top 10 most accommodating submarkets for large office tenants These 10 submarkets have the highest number of contiguous blocks in Houston's office market....

Atlanta ranks second among peer Southeast cities for highest average hourly construction wages amid widespread labor shortage Demand continues to climb in Atlanta, as does the market's office and...

A scarcity of trophy office space ignites a surge in asking rates in West Palm Beach Limited availability of high quality office space in West Palm Beach causes asking rates to soar...

Fueled by robust economic conditions, Tampa’s office rents continue to climb Company relocations and new inventory cause office rent rates to grow in the Tampa market...

Outdated buildings in Orlando witness a notable surge in office availability Office availability has been increasing throughout Orlando, particularly in buildings constructed between the 1980s and...

Robust office development continues to reshape Miami’s skyline Urban and suburban office deliveries in Miami are expected to break records this year...

Investment activity in Jacksonville follows national trend with significant decline Rising interest rates, low capital availability and cap rate expansions cause Jacksonville's investment activity...

Charlotte, NC ranks No. 12 out of 49 on a list of the top cities for construction workers in 2022 Desirability as an industrial hub is helping the metro stay ahead with competitive labor conditions...

Nashville ranks as a top metro for construction labor wages compared to peer cities in Southeast Southeast construction pipelines and labor wage disparity resulting in competitive labor conditions....

One of the best tax climates and a strong economic engine make Dallas-Fort Worth a top place to do business Data from the Tax Foundation and our percent share of the GDP show why....

Tenant demand for smaller office space in Fort Lauderdale surges post pandemic The flight-to-quality trend remains popular in Fort Lauderdale as the amount of leases for office spaces under 10,000...

San Diego office sublet space is on the rise In San Diego, more space is becoming available as companies lower their space requirements. https://www.avisonyoung.us/w/friendly-journal-URL We are...

Orange County office sublet space is on the rise In Orange County, more office space is becoming available as companies lower their space requirements....

Los Angeles office sublet space is on the rise In Los Angeles, more space is becoming available as companies lower their space requirements. https://www.avisonyoung.us/w/friendly-journal-URL We are...

Predicting San Francisco’s Financial District asking rent recovery based on historical downturns...

Downtown Boston office and lab assets show lack of exposure to the CMBS market Boston’s strong and active debt market enables buyers and operators to leverage capital that is not tied commercial...