What are the Market Facts and Trends Impacting Commercial Real Estate Today?

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...

Multifamily Industry Brief The storyline for the multifamily industry in 2023 was largely about supply catching up with demand. Rentcafe estimates that from January 2021 through December last year, builders delivered 1.2 million apartment units to the market, with...