Colliers International, Toronto, said the U.S. office market is stabilizing following two-plus years of pandemic-driven correction, but noted “considerable debate and speculation” about its future.
Tag: Colliers International
Colliers Finds Potential Inflection Point for CRE
Commercial real estate capital markets could be at an inflection point, said Colliers International, Toronto.
Retail Sector Benefits from Job Growth
The retail sector is reaping the benefits of recent strong job growth, reported Marcus & Millichap, Calabasas, Calif.
Bright Spots Amid Offices Sectors Struggles
Office absorption remains negative even though office-using employment increased by 1.9% in the first half of the year, adding 635,000 jobs, reported Cushman & Wakefield, Chicago.
Colliers: Office Market Recovery Pauses
Colliers, Toronto, reported the office market paused in the first quarter following two quarters of occupancy gains. But the overall trend points toward stabilization, the firm noted.
Office Pipeline Evolves Post-Pandemic
The shift to remote and hybrid work is shrinking the new office supply pipeline, but many developers believe the right project in the right location still makes sense, reported Yardi Matrix, Santa Barbara, Calif.
Dealmaker: Mesa West Capital Originates $85M for Minneapolis Multifamily
Mesa West Capital, Los Angeles, provided Minneapolis-based multifamily investment firm Bader Diamond Funds with $85 million to acquire Hampshire Hill, a Bloomington, Minn., apartment community.
Hotel Sector ‘In a Far Different Place’
No property type’s fundamentals have rebounded as swiftly as the hotel sector’s, reported Colliers, Toronto.
Innovations Drive Retail Resurgence
The pandemic and market pressures are forcing the retail sector to innovate, reported Colliers, Toronto.
Spread Between Retail, Industrial Rents Compresses
JLL, Chicago, reported the spread between retail property rents and industrial property rents is compressing as home deliveries speed up and e-commerce steals more and more market share from brick-and-mortar retailers.