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Q1 Was a ‘Turning Point’ For US CRE

Sale listings increased and the average asking price per square foot rose 5.6% from Q4 2020. CRE activity is bouncing back with the end of the COVID-19 pandemic (potentially) in sight. The first quarter of 2021 “represented a turning point both for the US and the...

Big Boxes Adjust to New Market Realities

Some are expanding, while others are shrinking. Right now, the big box world is a tale of two markets. Properties housing essential tenants, like grocery stores, are hot. Properties with gyms and movie theaters are struggling. Assets with investment-grade tenants are...

Suddenly, Demand is Booming for Office Space

In February, the national VODI grew 29%, increasing by 13 points to 58. One year after the COVID lockdowns began, demand for office space is finally approaching pre-pandemic levels. The national VTS Office Demand Index (VODI), which tracks tenant tours, both in-person...