Tenants Consider Options With Employees Not Set to Return to Workplaces Until Mid-Year Look at the vide here CoStar News By Linda Moss The U.S. office market is awash in uncertainty entering 2021, as tenants mull their strategies in the pandemic and monitor the progress of Americans in getting vaccinated, according to a CoStar analysis. “Though […]
Office Market Faces Months of Further Uncertainty From Coronavirus
Market Trends in Commercial Real Estate
Market Data Market Trends in Commercial Real Estate Summer 2020 Office Renters Change Priorities in Wake of Pandemic Office demand fell off a metaphorical cliff in 1Q2020 in the face of the COVID-19 pandemic, according to research published in April by Jones Lang LaSalle. Leasing activity dropped to 45 million sf in 1Q2020. The decline, […]
Industrial Stacks Up – Secondary and tertiary markets benefit from key demand drivers.
by Matt Hudgins It didn’t take long for Jeff Castell, CCIM, SIOR, to find a buyer for his client’s 704,000-square-foot distribution center in Franklin, Ind., earlier this year. A principal at Cassidy Turley in Indianapolis, Castell knew the property’s 32-foot clear heights and massive size fit the needs of today’s most active industrial users. And […]