data bites

FIRE and tech tenants lead the way for future U.S. office market activity FIRE and tech tenants lead the way for future U.S. office market activity https://www.avisonyoung.us/w/friendly-journal-URL...

Minneapolis-St. Paul's leasing activity for sublease space picking up MSP's available sublet space reached a record-high in 2023 Q2 following the downsizing of some of the area's top employers...

Chicago's industrial subleasing landscape: Trends, hotspots and dominant industries https://www.avisonyoung.us/w/friendly-journal-URL YTD 2023 sublet availability across the Chicago market has...

Active industries in 2023 will continue to lead Manhattan demand in 2024 https://www.avisonyoung.us/w/friendly-journal-URL In 2023, tenants in the FIRE sector (Finance, Insurance, and Real Estate)...

Houston's industrial leasing activity by submarket The Northwest submarket has the highest leasing volume YTD, with 9.6 msf leased, followed by the North and Southwest submarkets with 7.4 msf and...

Austin industrial sector continues expansion with thriving construction pipeline Areas of significant industrial development include the I-35 corridor in Hays County, southeast Austin and the...

As New Jersey's port volume declines, so does industrial demand https://www.avisonyoung.us/w/friendly-journal-URL Total loaded shipping volume drops by 17.5% year-over-year. The decline in shipping...

Tenant demand for office space remains active amidst shifting space needs in Nashville While rise in vacancy may give an impression of the market “softening”, tenant demand remains active in both...

Remote work job postings are declining at a faster rate than non-remote within the Minneapolis - St. Paul Market, potentially indicating increasing RTO mandates The overall number of job postings...

U.S. Law firms’ share of leasing reaches highest level since 2010 https://www.avisonyoung.us/w/friendly-journal-URL In major U.S. office markets, law firms tend to increase market activity when...

Who is seeking top-tier office space in Miami post pandemic? There have been significant industry shifts in trophy and class A leasing activity before and after the pandemic...

Industrial space in Orlando: A tale of two extremes Industrial development in Orlando is focused on smaller buildings, indicating a rise in downsizing...

West Palm Beach’s industrial leasing activity continues its steady momentum Industrial leasing volume in West Palm Beach is on track to experience another robust year in 2024...

Sector trends emerge in Tampa among office lease expirations The pandemic caused differing levels of leasing activity depending on industry sector, which has contributed to upcoming lease...

Strong absorption, low vacancy, and rising rental rates contribute to a thriving retail market in Jacksonville Net absorption was on the rise in the third quarter in Jacksonville's retail market as...

What do large block availabilities look like across Fort Lauderdale’s submarkets? Large block availabilities are increasing in Fort Lauderdale's submarkets as more large leases are set to expire by...

A new era of modern and sustainable office space is dawning in Houston Leasing activity has been concentrated in newer, higher-quality inventory, leaving older vintage assets to hold a significant...

The availability gap is shrinking between CBD and Suburban markets within Chicago for Trophy/Class A office space The availability gap between CBD and Suburban Chicago markets for Trophy and Class...

Ports across the state expected to positively affect Greenville’s industrial sectors in 2024 Inland Port Greer broke records in August; however, yearly port activity throughout South Carolina is...

South Carolina ports forecasted to rebound in 2024 and bring positive activity to Charleston’s industrial market Although port activity in South Carolina is expected to further decrease by the end...

Savannah port volumes slow down in 2023 as consumer spending softens https://www.avisonyoung.us/w/friendly-journal-URL – Port volumes appear to have come down from the peak that stemmed from the...

Raleigh Durham class C property maintains the lowest office availability Raleigh Durham commercial real estate office availability by property class...

Months on the market — another indicator of the industrial sector’s underlying strength in DFW Another barometer to gauge market vitality is months on the market, the time space remains on the...

A driving force in the SoCal office submarkets: Record level vacancy rates in conjunction with high impending loan maturities Loans are maturing from 2023 to 2027 throughout Los Angeles and Orange...

Double digit growth of Transportation and Warehousing Jobs in Philadelphia across the I-95 Corridor in the past 24 months https://www.avisonyoung.us/w/friendly-journal-URL In the past twenty-four...

Figures show Silicon Valley employers are reducing the number of remote positions they offer...

San Francisco office vacancy and 30-year mortgage interest rates converge following the Covid-19 pandemic...

Job postings in Greater Boston are down over the last twelve months. Here are the top 10 office-using occupations effected: https://www.avisonyoung.us/w/friendly-journal-URL Compared to September...

Manhattan job postings uptick, while share of remote jobs holds steady https://www.avisonyoung.us/w/friendly-journal-URL Since the onset of the pandemic in early 2020, the percentage of remote job...

Sublease standstill: Elevated time on market for office sublease offerings in the DC Metro region https://www.avisonyoung.us/w/friendly-journal-URL As office utilization continues to fundamentally...