The global economic backdrop of 2023 continued to battle low growth coupled with high inflation; however, by many accounts, growth was better than expected and inf lation is coming down throughout most of the world1. Global GDP growth has been estimated at 2.9% for...

Office Industry Brief It may be too soon to declare that the office amenities’ wars are over, yet that element as a driving force in the office market is being supplanted by two fundamental alternatives: shorter commutes and ‘cool’ neighborhoods. Convenience, and...

Retail Industry Brief Rising wages and cooling inflation in the latter months of 2023 boosted retail sales, surprising many analysts that mistakenly thought consumers would curb spending at stores, markets, restaurants and bars, and online. Retail sales rose 5.6% in...