Regional Commercial Real Estate Trends
Store Closings Bring More Retail Space
The U.S. retail market, once constrained by high demand and limited supply, is seeing a shift as space availability loosens. After gaining about 12.5 million square feet this year, retail […]
Read More....Five Years Into Remote Work, the Push to Return to the Office Grows
The Covid-19 pandemic sparked a shift to remote work, but even companies that once embraced it are now changing their stance. In recent months, employees at major corporations like Amazon, […]
Read More....Federal Reserve Interest Rates Decision Hold Steady
The Federal Reserve opted to maintain its benchmark interest rates in a highly anticipated decision on Wednesday, while signaling that rate cuts remain likely later this year. Amid growing concerns […]
Read More....Developers Say New Tariffs Will Halt Real Estate Projects
The construction industry is bracing for the impact of the Trump administration’s expanding tariffs, with rising costs all but certain, according to Skanska USA’s winter construction market report. On Wednesday, […]
Read More....Owner-User Office Deals Drove NJ Sales in 2024
New Jersey’s office sales market is showing signs of recovery, with opportunistic buyers capitalizing on well-located properties at attractive valuations, according to the latest CoStar data. Office sales above $5 […]
Read More....NYC Office Return Boosts Real Estate Hopes
Investors, including Blackstone and high-net-worth individuals, are eyeing New York office properties as companies call employees back, fueling a nascent recovery in the commercial real estate market. The rising demand […]
Read More....NJ Industrial Leasing Surged in 2024
As 2024 industrial leasing data wraps up, New Jersey recorded a 14% year-over-year increase in new commitments, totaling 38.2 million square feet. Deal counts rose 6%, while average lease sizes […]
Read More....Warby Parker Opening in Target
Eyewear brand Warby Parker will launch shop-in-shop locations at Target, joining a trend of retailers expanding through partnerships. The first five locations, staffed by Warby Parker employees, will debut in […]
Read More....Tariffs and Trade Uncertainty Disrupt Port Real Estate
Port real estate markets may be impacted by changing trade policies and higher tariffs under President Donald Trump, though the exact effects remain unclear. Several factors, including the collapse of […]
Read More....Joann to Close 500 Stores Nationwide Amid Bankruptcy
Struggling fabric and crafts retailer Joann plans to shut about 500 stores—over half of its U.S. locations—amid ongoing financial challenges. The Hudson, Ohio-based company, which filed for Chapter 11 bankruptcy […]
Read More....Inflation Breakdown January 2025
Inflation accelerated in January, driven by rising prices for consumer staples such as groceries and energy. Economists caution that inflation remains persistently above the Federal Reserve’s target, with trade and […]
Read More....WCRE Third Quarter 2024 Report
Regional CRE Markets Show Early Signs of Stabilization Though challenges remain, most property sectors performed well in Q3 Commercial real estate brokerage WCRE has expanded its quarterly reporting to include […]
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