Report: L.A. County's industrial vacancy rate rose to 5.3% in Q2, the ninth consecutive quarter of rising rates (via NAI Capital Commercial) Read more: https://lnkd.in/eYePDsiG #CommercialRealEstate #RealEstate
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The industrial property market has seen thevacancy rate hit another new record low 📉 despite projections of a surge in supply this year. The overall drop in vacancy across the major East Coast cities follows a 56% fall over the 2022 calendar year, and an 8% fall over Q4 2022. Read the latest article 👇 on our website- Industrial vacancy rate new record low. https://lnkd.in/gWacfQrc . . #financialplanning #accountant #morningtonaccountant #financialadviser #mortgagebrokermornington #businessadvisory #taxadvice #morningtonpeninsulaccountant #frankstonaccountant #wealthmangementmornpen #assetprotectionmornington #commercialproperty #smsf
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Report: Southern California’s Inland Empire reached an industrial vacancy rate of 7.2 percent — the highest since the early 2010s (via NAI Capital Commercial) Read more: https://lnkd.in/eszm47X2 #CommercialRealEstate #RealEstate
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The media often exaggerates the importance of trivial information, such as monthly fluctuations in prices, rents, vacancies, and building approvals. They attribute implications and connotations to these changes that are unwarranted. FInd out more:https://lnkd.in/gMEVV7Ut
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Vacant Industrial land rates in Perth, for sites between 2,000sqm - 10,000sqm, are the highest we’ve seen in more than a decade. The average price for core industrial land was $502/sqm in 2013, dropping to $420/sqm in 2018, and quickly rebounding to $543/sqm in September 2023 – 29.3% above the recent trough. The current data demonstrates the market demand for industrial land and industrial facilities will continue to remain strong in the short and medium term. Most leading economic indicators suggest a continuing expansion of both the population and Western Australian economy. Industry expert John Del Dosso shared valuable insight to the continuing demand at the recent PCA Industrial Lunch citing a flight to higher quality facilities. Have industrial land rates peaked or is there more growth to come? Justin Caldwell, Quyen Q., Jordan Del Dosso, Mischa Hartley-Auguste, Greg O'Meara, Martin Vogt, Angette King, Property Council of Australia #IndustrialLand #VacantLand #PerthMarket #MarketPrices #MarketData
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The industrial market is cooling but the fundamentals remain healthy nationwide! 🏗️ Construction completions will outpace demand throughout the second half of 2023 and 2024. As a result, vacancies will climb further, surpassing 5% in 2024 as the industrial market rebalances to more sustainable levels. 💥 Expect absorption totals to remain slightly below pre-pandemic norms in 2023 and 2024, as softer demand for consumer goods coupled with high inflation and interest rates continues to temper growth. 📈 Rents will trend higher, albeit at a more modest pace going forward. Annual growth is projected to decelerate to the 10-11% range in 2023 and will slow further to the 3%-4% range in 2024. 📲 Have questions or wanting to invest? Contact us today! #acresadvisorygroup #commericalrealestate #landacquisition #landdevelopment #commercialbrokerageservices #reno #austin #lasvegas #houston
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Nationally, 5.25% of the jobs are in the construction industry, with 7.9. million working in the field. While that is a 3% jump from last year, the study finds that the industry has not fully recovered from the housing crash and the recession that followed. #ConstructionJobs #ConstructionIndustry #ConstructionFinance
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#Office- C&W’s Q1 2024 National Office MarketBeat is here: KEY TAKEAWAYS FOR Q1 2024 Office demand was negative for ninth straight quarter. While absorption was positive in a third of U.S. markets, the national total was negative once again, totaling -31.0 million square feet (msf). National vacancy increased by 70 basis points (bps) quarter-over-quarter (QOQ) and now sits at 20.2%. Higher quality assets have fared better, however. Class A vacancy declined QOQ in 32 of the 93 U.S. markets tracked by Cushman & Wakefield. Construction pipeline dips below 50 msf. With 49.7 msf of office space under construction, the U.S. pipeline is lower than it has been since early 2013. This represents a 37% year-over-year (YOY) decrease and is 63% below the 2020 peak of 135 msf. With little breaking ground, high-quality assets poised to continue to outperform. The full report is available below.
While national U.S. office vacancy increased to 20.2% at the end of Q1 2024, higher quality assets have fared better, with Class A vacancy declining in 32 of 93 U.S. markets. The construction pipeline dipped below 50 msf, the lowest point since early 2013. Read more in our Q1 2024 U.S. Office MarketBeat Report >> https://cushwk.co/4aybm6D
Q1 2024 U.S. Office MarketBeat Report
cushmanwakefield.com
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Vacancy & availability continue to rise across GLA leading to the 3rd consecutive quarter of negative net absorption. Key Takeaways: 1. Tour activity and proposals have accelerated but gross activity is down 22.8% Quarter-over-Quarter. 2. With a new labor agreement in place at the ports, outlook on demand is optimistic. 3. Economic headwinds continued to stifle investment activity. #CBRE #Industrial #realestate #vacancy
Greater Los Angeles Industrial Figures Q3 2023
cbre.com
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These are the latest #UKIndustrial sector trends to know right now. ⬇️ While CoStar's baseline forecast scenario calls for industrial vacancies to rise in the coming months as new schemes deliver, landlords are likely to continue to hold the balance of negotiating power. Schedule a demo to understand how CoStar’s industrial insights can support your business: https://bit.ly/4b1ZSYm
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The most alarming aspect of the unprecedented shortages in Australian real estate is not the rising rents and prices but the fact that government actions and policies consistently exacerbate these issues instead of alleviating them. Watch the full video here: https://lnkd.in/gSA5i9YN #Hotspotting #Government #Shortage
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