ATLANTA, GEORGIA (November 10, 2022) – When Sears spinoff Seritage Growth Properties begins liquidation of its assets, retail brokers and industry insiders expect strong interest paired with discounts needed to consummate transactions. The asset sale comes after shareholders approved a…
Highlights: Property performance in San Diego improved during the third quarter. Area vacancy continued to tighten, and asking rents inched higher in recent months. The pace of new development remains steady as developers attempt to match renter demand for units….
MINNEAPOLIS, MINNESOTA (November 8, 2022) – CoreLogic says that housing recessions do not always lead to overall recessions. In fact, in recent years, housing downturns are batting just .500 with that correlation. “Recently, housing has been losing its status as…
CINCINNATI, OHIO (November 8, 2022) – The “frenzied” tempo of logistics leasing momentum of recent years is forecast to “normalize,” according to Prologis’ quarterly Industrial Business Indicator (IBI) and True Months Supply (TMS) research report issued last week. Prologis said…
TULSA, OKLAHOMA (November 8, 2022) – For the net lease sector as well as in commercial real estate at large, the economic picture remains murky, with inflation and rising interest rates at the forefront of consumers’ and investors’ minds, Northmarq…
October provided another month of slowing economic data, but inflationary pressures remain elevated, resulting in the Fed increasing the Fed Funds target rate by another 75 basis points (bps) to 4.0% at their November 2 meeting. The 3.75% increase in…
Highlights: The Denver multifamily market posted healthy results in the third quarter, with asking rents continuing to rise and vacancy remaining tight. Area developers are actively constructing new units to meet the anticipated demand across the region. Local vacancy ended…
TULSA, OKLAHOMA (November 4, 2022) – Holiday retail shopping is expected to start earlier, offer with more promotions and see more sales despite the challenges of a tight labor market, lingering supply chain issues, stubborn inflation and soft consumer sentiment….
TULSA, OKLAHOMA (November 2, 2022) – Now’s not the best time to be a prospective tenant in an industrial outdoor storage (IOS) facility, according to a new report from Marcus & Millichap. A combination of strict zoning requirements, unfavorable building-to-land…
BOSTON, MASSACHUSETTS (November 2, 2022) – Michael Chase, senior vice president/managing director of Northmarq’s Boston debt/equity team, authored a perspective for the New England Real Estate Journal that looks ahead to 2023 and what it holds for the industry. It…
