Commercial Real Estate Reports

Monthly reports tracking key trends across the country’s top office and industrial real estate markets: Keeping an eye on lease rates, vacancy, sale transactions, and development pipelines, as well as offering insights into the possible effects of significant recent news and industry trends on market evolution in the near future.

Generation Z hotspots in 2023

Best Cities for Gen Z in 2023: Minneapolis Triumphs as #1 Best City for Gen Z, Inching Ahead of Atlanta

When considering a move to a new city, the cost of living and job opportunities are likely to be two of the highest priorities on any Gen Zer’s list. So, to determine the best cities for Gen Zers on an economic basis, we created a group that included three relevant metrics — cost of living, jobs for recent graduates and unemployment rate.

Which U.S. Metros Are the Top Millennial Magnets?

In an attempt to determine which metro areas are some of the most attractive destinations for Millennials, we have conducted a two-part study of both large and midsized metros to highlight their performances across a variety of metrics.

los angeles office space

Fifth Season Secures New Lease Deal at West LA Office Campus

Beverly Hills-based film and TV production company Fifth Season has penned a lease deal for 65,000 square feet of office space in West Los Angeles. Formerly operating under…

Office Pipeline 2023: Tight Race Between Manhattan & Boston for Top Spot

Manhattan & Boston lead the list of office projects under construction
Austin, Charlotte & Nashville on course for largest projected market expansions
Largest office development in the pipeline is Brookfield’s 2 million-square-foot Midtown tower
Arlington and Chicago offices highest ranking under construction projects outside of NYC
Construction of nearly 1 million square feet of Amazon-leased office space on hold in Bellevue

Fastest-Shrinking Jobs in the U.S. Lose Ground to New Technology

Beyond the pandemic, digital technology integration has had a more notable contribution to the decline in some of these occupations across the decade we surveyed.

Healthcare & Green Jobs Head List of Fastest-Growing Careers in U.S.

The U.S. labor market was already undergoing an important expansion of its health sector in an effort to provide care for one of the largest cohorts of retirees. Accordingly, by 2021, the number of Americans working in healthcare-related jobs was roughly 20 million. Meanwhile, the green energy sector — which had been steadily growing throughout the course of the last decade — is now receiving more attention as an important source of new jobs for both blue- and white-collar workers.

ULI Report on Emerging Trends in Real Estate 2023

One of the first aspects that caught the attention of industry professionals was the decline of older office stock – buildings labeled as Class B or Class C assets, in accordance with the quality and diversity of their amenities – in favor of newer developments. In fact, a study by JLL highlighted that, between 2020 and the second quarter of 2022, properties completed in 2015 or later had a net absorption of 86.8 million square feet, whereas buildings older than that had negative net absorption of 246.5 million square feet. Notably, most negative net absorption (195.5 million square feet) was in buildings completed in the 1980s and earlier.

Q3 2022 CommercialEdge Office Report: Demand for Coworking Continues to Drive Growth

CommercialEdge released its national office report for October, shining a spotlight once again on the reemergence of coworking spaces as a magnet for tenants, developers and investors alike. As a recent survey conducted by BOMA confirmed, office-using businesses are signaling their preference for shorter lease terms and more flexible workspace arrangements, which will allow them to quickly adjust their footprints according to their needs. 

BOMA Releases New COVID-19 Tenant Impact Survey

The highlights presented in the final study relied on a series of fielded responses from more than 1,267 office decision-makers, including company owners, CEOs and other members of the C-Suite. The goal of the survey was to better understand the future financial and operational implications for commercial real estate owners and operators.

Part of glass office building

Flexible Workforce Demand Drives Growth of Coworking Sector

Working from home and working near home since the 2020 lockdown have sustained and even lifted the coworking scene nationwide, pegged to be the first commercial real estate sector to fall victim to pandemic physical distancing.