The nation's industrial market showed continued signs of slowing in the third quarter, extending a two-year cooling period following its pandemic boom. However, analysts suggest that the market may be nearing its bottom. Preliminary data from Savills reveals that the U.S. industrial vacancy rate reached 7.4% in Q3, marking a 350-basis-point increase from two years ago and representing the highest...
Commercial
As we reach the midpoint of 2024, the Commercial Real Estate (CRE) market continues to exhibit diverse trends across different sectors. Here’s a detailed analysis of the current state of the office, retail, and industrial markets, shedding light on the challenges and opportunities that lie ahead. Office Sector The office sector remains under pressure, with net absorption still in negative...
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