Author Archive

E-Commerce Drives Warehouse Space Demand in Q3.2015

Economic activity slowed in the third quarter of this year. Real gross domestic product (GDP) advanced at a recently revised annual rate of 2.1 percent, according to the Bureau of Economic Analysis’s estimate. In comparison, second quarter growth measured...

Professional & Business Services Employment Drives Demand for Office Space in Q3.2015

Macroeconomic conditions downshifted in the third quarter of this year. Real gross domestic product (GDP) advanced at an annual rate of 2.1 percent, according to the Bureau of Economic Analysis’s second estimate. The gain remained below the long-run historical...

Commercial Real Estate Sales Growth Moderates in Third Quarter

Commercial sales transactions span the price spectrum, but tend to be measured and reported based on size. CRE deals at the higher end—$2.5 million and above—comprise a large share of investment sales, and generally receive most of the press...

Commercial Construction Accelerates in REALTORS®’ Markets in Q3.2015

Commercial space is heavily concentrated in large buildings, but large buildings are a relatively small number of the overall stock of commercial buildings.  Based on Energy Information Administration data approximately 72 percent of commercial buildings are less than 10,000...

Rising New Construction Adds Pressure on Vacancies in REALTORS® CRE Markets in Q3.2015

Commercial fundamentals in REALTORS® markets continued gaining strength during the third quarter of 2015. Based on NAR’s Commercial Real Estate Market Trends report leasing advanced, followed by higher rents. However, accelerating commercial construction in smaller markets prompted an increase in...