data
bites

Trends in Tampa tourism and visitation https://www.avisonyoung.us/w/friendly-journal-URL – Tampa’s rising profile as a top destination for both leisure and business travelers continues to drive...

Long Island office visitation continues to rise despite dip in leasing activity https://www.avisonyoung.us/w/friendly-journal-URL   Long Island offices are 77.6% as busy today as they were in Q3...

New Jersey’s office busyness recovery led by transit hubs https://www.avisonyoung.us/w/friendly-journal-URL   New Jersey’s transit hubs are leading the way in the recovery of in-office attendance....

Houston offices busier on Mondays as hybrid workers return Houston’s office visitation recovery continues to outpace the national average, reaching 63.7% of the pre-pandemic levels from 2019...

DFW’s Office Busyness Index – ongoing improvement across the board, but some suburban markets continue to lag As of June 2024, the US office sector had rebounded to 61.9% of where it stood in June...

Office amenities matter: Charleston's Downtown submarket reflects regional tenant preferences Avison Young’s 2024 South Region broker sentiment survey shows that office tenants value nearby...

New deliveries in Charlotte Industrial sector spurring higher vacancy rates https://www.avisonyoung.us/w/friendly-journal-URL – In 2024, the Charlotte Industrial market has seen deliveries of 8.6...

New Jersey industrial sublet availability soars https://www.avisonyoung.us/w/friendly-journal-URL   Currently, there is 8.3 million square feet (msf) of sublet space available in New Jersey,...

Nashville investment activity begins to rebound in the first half of 2024 Investment sales volume in Nashville saw a strong rebound in early 2024 with significant increases in most property sectors...

MSP office users favor going into the office early in the week In this data bite, we utilized Placer.ai data via the new AY Office Busyness Index to analyze changes in MSP’s office visitation level...

Tuesday leads the pack in office visitation across the Greater Philadelphia market https://www.avisonyoung.us/w/friendly-journal-URL   Following the COVID-19 pandemic office visitation across...

Los Angeles leading the way in “Office Busyness” Los Angeles Leading the Way in “Office Busyness” https://www.avisonyoung.us/w/friendly-journal-URL Since 2019, office utilization has steadily...

Chicago big box leasing activity continues to thrive Big box leasing activity has continued to be a driving force for the strong demand seen within the Chicago market...

Tenant property class and size changes in the DC Metro area Tenants in the DC Metro area post-Covid have to upgraded their property class by 25% as the push of flight to quality continues....

The future of U.S. office valuations: analyzing changing market dynamics and investor sentiment Explore the key factors currently shaping U.S. office valuations and what the future of investment...

Quantifying Oakland’s flight to quality in post-pandemic employee engagement Quantifying Oakland’s flight to quality in post-pandemic employee engagement...

Los Angeles office employees are favoring early work weeks Los Angeles office employees are favoring early work weeks https://www.avisonyoung.us/w/friendly-journal-URL Avison Young's innovative...

San Francisco trophy buildings show higher office utilization than overall local and national market averages San Francisco trophy buildings show higher office utilization than overall local and...

Analyzing office visitations vs. leased office space across Greater Philadelphia https://www.avisonyoung.us/w/friendly-journal-URL Following the COVID-19 pandemic, across Greater Philadelphia a...

Which U.S. markets are seeing the greatest surge in healthcare and lab employee foot traffic? Explore the varying levels of employee foot traffic across key life science facilities across the U.S....

MSP Office visitation experiencing segmented recovery In this data bite, we utilized Placer.ai data via the new AY Office Busyness Index to analyze changes in MSP’s office visitation level in...

Houston offices are buzzing despite recent severe weather events Houston's office busyness index averaged 63.7% in June 2024 compared to a pre-pandemic 2019 baseline, indicating a gradual return to...

Signs of stabilization in Tampa office utilization Tampa's demonstrating indicators of steadying the market's in-office attendance as it hits 56% of pre-COVID levels....

Defining the new normal for Orlando office use Orlando's office sector showcases resilience and adaptability with a notable 4.2% increase in office recovery year-over-year, signaling a new era of...

Mondays take center stage in U.S. office busyness surge Office work patterns continue to change with a significant surge in Monday activity across various U.S. markets and industries. Explore how...

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...