Capital Markets Insights

Key Takeaways:  National industrial in-place rents averaged $7.12 per square foot in February, up 6.9% year-over-year   The national vacancy rate stood at 3.9%, down 10 basis points month-over-month Nationwide, 667.5 million square feet of industrial space was under construction Industrial transactions totaled $3.9 billion at an average sale price of $150 per square foot The Inland Empire recorded the largest sales volume nationwide, totaling $855 million 

Key Takeaways: The average U.S. office listing rate stood at $38.19 per square foot, down 0.7% year-over-yearUp 90 basis points year-over-year, the national vacancy rate rested at 16.5%Under-construction office space totaled 135 million square feet at the end of the year, with another 261 million square feet in the planning stages2022 office sales totaled $30 billion less than 2021’s $116 billion volumeAt $930 per square foot, San Francisco remained the unchallenged leader of office sales

Listing Rates & Vacancy: Listing Rates Register Significant Growth Only in Select MarketWith large swaths of the office-using sector embracing remote and hybrid work at least partially, demand for office has continued to decline in most markets since the onset of the pandemic.  Not only that, but many companies have already reduced their office footprints, while others have concrete plans to do so in the near future.As a result, the national vacancy rate was 150 basis points higher

Key Takeaways: The average U.S. office listing rate stood at $38.70, ticking down 0.1% year-over-yearDown 10 basis points year-over-year, the national vacancy rate stood at 14.8%139.9 million square feet of new office space was under construction at the end of AugustThe national office sales volume totaled $59.63 billion in the first eight months of the year Trends & Industry News: Life Sciences Still in Demand Thanks in part to breakthroughs of mRNA and CRISPR technologies, billions of

Key Takeaways: The average national in-place rent increased 5.3% year-over-year to reach $6.60Demand pressures drove the U.S. industrial vacancy rate further down to just 4.4%Nearly 200 million square feet of new space were delivered in the first seven monthsYear-to-date industrial sales totaled $49.9 billion at a $130 per-square-foot sale price Supply chain issues continue to mar post-COVID activities across all economic and consumer sectors, and the industrial market is no exception. While

Key Takeaways: The average U.S. office listing rate stood at $37.75 in July, slipping 2.3% year-over-yearUp 10 basis points year-over-year, the national vacancy rate stood at 15.1%149.5 million square feet of new office space was under construction at the end of JulyYear-to-date, the national office sales volume reached $51.9 billion More than two and a half years into the COVID-19 pandemic, the office sector continues to struggle with high vacancy rates and contracting listing rates. Coworki

Key Takeaways: The average U.S. office listing rate stood at $37.58 in June, falling 2.6% year-over-yearUp 20 basis point year-over-year, the national vacancy rate stood at 15.2%151.7 million square feet of new office space was under construction as of JuneThe national office sales volume reached $43.7 billion in the first half of 2022 Nearly two and a half years since the start of the pandemic, the office sector continues to struggle, facing an unstable short-term outlook as it contends with

Key Takeaways: The average national rent increased 4.9% year-over-year to reach $6.57Unrelenting demand squeezed the U.S. industrial vacancy rate to just 4.6%159.6 million square feet of new space were delivered in the first six monthsQ2 sale prices reached $138 per square foot, up 31.3% year-over-year Regardless of shifting economic trends and uncertainty in other sectors, industrial assets continue to attract unrelenting investor attention. With supply far outstripped by demand, developers

Key Takeaways  The national average rent for industrial space hit $6.45 per square foot in February Vacancies tighten to an average of 5.2% across the top U.S. markets Year-to-date sales volume nears $9.1B, reflecting consistent investor interest February closes with 593MSF of industrial space in supply pipeline  Southern California Markets Lead Nation in Rent Expansion  The national average for in-place industrial rents across the top 30 U.S. markets reached $6

Key Takeaways: The average national rent for industrial spaces rested at $6.47 per square footVacancies for U.S. industrial space remained flat at 5% in AprilNational construction pipeline surpasses 640 billion square feetThe average sale price reached $135 per square foot The industrial sector remains strong despite a volatile economic environment both nationally and globally. Drivers of industrial demand continue to stay solid and are expected to be robust in the in the short term and proba

Key Takeaways: The average U.S. office listing rate slid 2.1% year-over-year, reaching $37.56 in May  Unchanged year-over-year, the national vacancy rate remained at 15.4%Office construction inched up to 151.2 million square feetThe national office sales volume reached $35.3 billion by the end of May Remote and hybrid work models were considered niche setups just a little over two years ago, but today, these trends seem here to stay. Although concentrated health policy efforts have shift