After two years of record-level deliveries, the industrial development pipeline has slowed, but the long-term outlook remains bright.| CommercialEdge
Demand for office space is down, expenses are up and values have dropped, while maturing loans continue to pressure the sector.| CommercialEdge
Industrial valuations are rising despite market shifts, with the U.S. average sale price reaching $142 per square foot as of May.| CommercialEdge
As of May this year, there have been 600 office sales, an increasing number of which are being sold at discounts.| CommercialEdge
The U.S. industrial vacancy rate was 5.2% at the end of April, unchanged month-over-month as demand for space has been moderating.| CommercialEdge
In March, several markets had average DSCRs below 1.0, including Brooklyn (0.81), Chicago (0.90) and Cleveland (0.96), CommercialEdge shows.| CommercialEdge