data
bites

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...

Occupiers in Manhattan continue to commit to top-tier office space https://www.avisonyoung.us/w/friendly-journal-URL Starting even before the pandemic, from 2015 to 2019, office occupiers...

Baby boom? Charting U.S. demand for fertility clinics Discover the growing importance of fertility clinics in the U.S. as they offer essential support to families navigating conception challenges...

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...

Is there relief in sight for Charleston’s multifamily occupiers? Rent growth in multifamily properties is slowing in the Charleston market and is expected to continue to slow over Q1 2024....

Industrial industries continue to see major gains in Denver The Denver industrial market has demonstrated resilience in the face of challenging market conditions with robust leasing activity...

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...

Multifamily construction outpaces demand in Houston Despite exceeding the 20-year average for net absorption in 2023, Houston's multifamily market saw occupancy rates fall to their lowest point...

DFW home prices still comparatively affordable, but not the clear winner it once was In 2023, DFW’s existing median home came in at 96% of the US average. While the region is still comparatively...

New Jersey office occupiers continue to seek smaller footprints https://www.avisonyoung.us/w/friendly-journal-URL The product with the lowest availability are smaller office buildings at 13.9%...

Venture capital funding shifts to favor smaller U.S. life sciences companies Explore the changing landscape of venture capital funding in the U.S. life sciences sector, where smaller companies are...

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...

Philadelphia Industrial Market Faces Increasing Vacancy Rates Amidst Surge of New Deliveries https://www.avisonyoung.us/w/friendly-journal-URL In the past twelve months the Philadelphia industrial...

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....

Downtown Los Angeles Office Leasing Showing Signs of a Resurgence at the Start of 2024 Downtown Los Angeles (DTLA) office leasing ended 2023 on a strong note with a large uptick in leasing activity...

Sublet spaces in the DC Metro area The DC Metro area has seen an overall increase in available sublet space since Q1 2020 of 30.2%. With the increase popularity in remote work post COVID, many...

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,...

Over 30% of new industrial space coming to Las Vegas is already pre-leased in the first quarter of 2024...

Smaller office buildings surrounding major Phoenix hospitals maintained positive absorption throughout 2023...

Precursor for future demand? Major industries in Manhattan are receiving optimistic funding so far in 2024 https://www.avisonyoung.us/w/friendly-journal-URL Office-using industries in Manhattan...

Multifamily vacancy rates hit record high in Atlanta. What’s driving this trend? https://www.avisonyoung.us/w/friendly-journal-URL – Multifamily rent growth has significantly slowed since the 16.5%...

Supply chains search for stability to limit holiday impact amid Gulf & East Coast Union contract issues Labor contract expirations in the Gulf and East Coast ports may lead to increased traffic in...

Multifamily supply has arrived in Raleigh-Durham https://www.avisonyoung.us/w/friendly-journal-URL – Following the 10-year highs seen in 2021, occupancy and rent growth have declined substantially...

Chicago’s industrial sector rebalancing workforce dynamics Though job postings in several of Chicago's industrial industries have declined between 2022 to 2023, postings in the wholesale sector...

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....

Riding the industrial rent wave in West Palm Beach West Palm Beach's new construction projects have driven uneven rent growth across submarkets, with some experiencing substantial increases while...

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

Peer city comparison: will lack of rapid mass transit stunt Nashville’s future population growth? Despite being one of the few major metropolitan cities in the Southeast without rapid mass transit,...

The rise of high-density living and soaring rent rates in Miami Miami's skyline continues evolving, driven by the surging demand for urban living and multifamily housing. Uncover how demographic...

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...

Local Las Vegas retail owners suffer due to the impact of Formula 1 race’s road closures...

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...

Orlando’s industrial market combats trends with impressive growth and strong tenant demand With the highest number of deliveries in eight years, rising rents, and robust tenant demand, Orlando's...

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...

DFW’s apartment market – a closer look at the challenges The increase in apartment development has been largely fueled by local population growth combined with slow single-family housing...

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...

The average sale price per square foot growth in the Philadelphia industrial market has reached an inflection point https://www.avisonyoung.us/w/friendly-journal-URL After experiencing five...

From court to care: Serving up fracture treatment for Phoenix pickleball players As pickleball gains popularity in the U.S., especially in Arizona, so does the demand for fracture treatment. Our AI...

Despite record-high industrial space being delivered in 2023, vacancy rates for properties sized 20–99k SF in Boston remained stable https://www.avisonyoung.us/w/friendly-journal-URL As a result of...

Which industry signed longer lease terms for office space in Atlanta during 2023? https://www.avisonyoung.us/w/friendly-journal-URL In 2023, length of lease terms for office leases in Atlanta...

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...

Industrial property smaller than 200k sf is not all the same in Raleigh-Durham While the trend of increased industrial demand for properties smaller than 200k sf is real, in Raleigh-Durham...

New Jersey industrial construction starts grind to a near halt https://www.avisonyoung.us/w/friendly-journal-URL Since 2018, the average quarterly construction starts in New Jersey amounted to 3.17...

Southern California industrial rents may have peaked Slow leasing activity along with occupiers no longer in need for additional space for excess inventories have caused rental growth to decline as...

Manhattan’s available sublease space has seen consistent quarterly decreases since this time last year https://www.avisonyoung.us/w/friendly-journal-URL Available sublease space in Manhattan,...

Long Island’s large office spaces continue to exhibit elevated availability rates https://www.avisonyoung.us/w/friendly-journal-URL The availability gap between larger and smaller office properties...

Large office spaces continue to experience higher availability rates in Fairfield County https://www.avisonyoung.us/w/friendly-journal-URL The availability gap between larger and smaller properties...

Effect of building amenities vs leasing velocity in the DC Metro region The urban areas of the DMV have seen a rise in leasing velocity of office spaces that include certain building amenities....

Smaller warehouse and distribution spaces seem of better value to investors in the Phoenix industrial market Smaller warehouse and distribution spaces seem of better value to investors in the...

Meeting the growing demand for OB/GYN in Philadelphia Investors are racing to meet the rising women's healthcare demand by identifying areas with the greatest need for services....

U.S. electric vehicle sales tapping brakes in 2024 after record-breaking year After exceeding one million units sold in 2023, electric vehicle sales in the U.S. have started to show signs of...

Downtown Greenville’s visitation increases 70% over past three years Greenville SC's annual tourism visitation rose by 3.7 million from 2020 to 2023. At the same time retail vacancy decreased to...

Large Denver industrial spaces sustain peak vacancy rates As occupiers seek out industrial space, an emerging trend showcases the desire for smaller space. This trend is supported by leasing...

Venture capital investment in DFW is becoming an important economic catalyst, especially in tech-related sectors DFW has been a consistent medium-performer in VC investment, but in 2022 and 2023,...

Coastal innovation: Greater Boston and Bay Area are top research hubs for novel drug approvals Greater Boston and San Francisco Bay Area regions emerge as leading research hubs for...

GPD Growth in Philadelphia MSA Across Office-Using Industries https://www.avisonyoung.us/w/friendly-journal-URL In 2023, GDP growth in office-using industries increased by $5.05 billion or 1.61%,...

Rising Bay Area life science vacancy mirrors decrease in VC funding https://www.avisonyoung.us/w/rising-bay-area-life-science-vacancy-mirrors-decrease-in-vc-funding –VC funding for Bay Area life...

Houston developers build record-breaking 32.4 msf of new industrial product in 2023 Big box development has significantly expanded by 8.7 msf from 2016 to 2019 and reached a peak in 2022 with an...

Chicago’s industrial supply vs. demand, a tricky balancing act Chicago's industrial sector sees robust demand despite record new deliveries. 20.5 msf of positive net absorption in 2023 outpaced 35...

In 2023, preleasing activity in the New Jersey industrial market experienced a decline https://www.avisonyoung.us/w/friendly-journal-URL Over the last decade, the average occupancy rate upon the...

The impact of Atlanta’s evolving cuisine scene on CRE https://www.avisonyoung.us/w/friendly-journal-URL – Year-over-year, chain restaurant foot traffic within Atlanta has declined. Visitation is...

Raleigh-Durham medical office remains in high demand Despite challenges in the traditional office market over the last few years, the medical office market has performed very well. For the past 10...

Maturing loans in the DC Metro region Over the next seven years, the DMV will see the bulk of loan maturities come at the end of 2024 and the last three years of the decade. There are multiple...

Are Los Angeles office occupiers favoring mid-rise buildings over high-rises as businesses attempt to attract employees back into the office? Los Angeles office occupiers may be favoring mid-rise...

After witnessing increases since 2014, net tenant concession packages have flattened in downtown Los Angeles The current state of tenant concessions in the DTLA office market, and where that trend...

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...

Do certain industries in Manhattan commit to longer lease terms than others? https://www.avisonyoung.us/w/friendly-journal-URL Through 2023, the average length of lease terms in Manhattan stood at...

Smarter sites: Mapping the expected outpatient cardiology wave in Miami Using Avison Young's AI model to explore unmet demand for cardiology in and around Miami, Florida...

Unfinished business: The paradox of apartments under construction and rent growth across U.S. markets The U.S. multifamily sector is experiencing differences in supply and demand in certain markets...

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...

Nashville mall foot traffic sees resurgence post pandemic https://www.avisonyoung.us/w/friendly-journal-URL Last year’s ongoing inflation brought a unique set of challenges to retailers’ brick and...