Cushman & Wakefield’s MarketBeat is the leading source of commercial real estate research and data-driven analysis. The following reports for Q2 2014 were recently published for both local markets and the overall United States:
US OFFICE SNAPSHOT
On the heels of an improving economy, overall office market fundamentals continued to improve, fueled by occupiers signing leases totaling nearly 12.5 msf during the first six months of 2014. This 4% improvement from one year ago contributed to nearly 30 msf of overall net absorption and a corresponding 40 basis point reduction in the over all vacancy rate to 15.1%. Download Full Report >>
US INDUSTRIAL SNAPSHOT
With vacancy rates and speculative construction back to pre-recession levels, the U.S. industrial sector continues to lead the country’s commercial real estate recovery. Strong occupancy gains and dwindling supply of big-box drove the overall vacancy down to 7.6%, 80 basis points (bps) lower than a year ago and the lowest level since first quarter 2008. Download Full Report >>
US RETAIL SNAPSHOT
With U.S. consumer confidence building and now at its highest level since 2007, there is growing optimism among retailers. Yet, despite growing confidence, consumer spending, which accounts for roughly two thirds of the demand in the U.S., has increased at the slowest pace of any recovery. This cautiousness, coupled with societal shifts and the growing e-commerce surge is having a transformational impact on the retail landscape. Download Full Report >>
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