CMF Quote of the Week: Feb. 8, 2024

“While credit conditions remain challenging, investors are looking beyond the current difficulties. We expect investment activity to gain momentum in the second half of the year as financial conditions improve.”

–Chris Ludeman, Global President of Capital Markets for CBRE

Fewer Mega Industrial Leases Signed in 2023, CBRE Finds

CBRE, Dallas, found that there were fewer industrial leases of 1 million square feet or more in 2023 compared with 2022. Of the top 100 industrial leases signed last year, 43 were for at least 1 million square feet, compared with 63 in 2022.

RealPage: Apartment Markets in College Towns Remain Steady

RealPage Analytics, Richardson, Texas, found in a recent analysis that college town apartment markets tend to remain steadier than the national norm, and experience higher apartment occupancy rates.