Research

"Across the United States, 94.9 million square feet (msf) of commercial real estate dedicated to the chip industry supports functions ranging from design and fabrication to research and development (R&D). As rapid technological advancements increase demand and the country vies to regain global market share, an additional 200 msf could be required over the next decade."

"We are pleased to release the latest State of the U.S. Office Market. This quarterly presentation provides key metrics on office leasing and the current state of the capital markets in the office sector."

"The Legal Tenant analyzed law firm transactions over 20,000 square feet (sf) across key U.S. markets and found that leasing activity for the first half of 2023 is the strongest on record since the start of the pandemic with 3.3 million square feet (msf)."

"Uncertainty has characterized the U.S. industrial market since recession fears emerged in early 2022 as inflation and rising interest rates began threatening the key drivers of occupier demand: consumer spending and business expansion. "

"Total availability increased to 20.2%, up 30 basis points from a year ago "

"Leasing activity ends the first half of 2023 down from one year ago at just under 0.7 million square feet (msf) as Government sector demand remains steady"

"Availability remains elevated at 22.8%, an almost 90-basis-point jump from the same time last year as demand lessens and occupiers continue to downsize."

"Leasing activity continues to climb and ended the quarter at 15 million square feet (msf) up 29.48 from just under 12 msf reported a year ago"

"Leasing activity has shown minimal fluctuations but has consistently maintained leasing volumes that surpass pre-pandemic levels"

"Class A average asking rents continue to rise, up 4.3% year over year from $46.23 per square foot (psf) reported a year ago to $48.24 psf this quarter"