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Cushman & Wakefield's Q1 2026 Indianapolis office market report documents that overall net absorption reached 92,000 square feet with a 20.8% vacancy rate and asking rents of $21.83 per square foot, driven primarily by strong Class A tenant demand concentrated in suburban submarkets particularly Keystone. The construction pipeline remains at a five-year low with only 70,000 square feet under construction, while investor sales dominated transaction activity at 87.3% of the 400,000 square feet in office sales during the quarter.

The Columbus multifamily market in Q4 2025 recorded a vacancy rate of 10.6% (a recent high, up 140 basis points year-over-year) and an effective rent of $1,346 per unit monthly, with 2025 marking a record-breaking delivery year of nearly 9,500 units despite more than 11,000 units remaining under construction. Net absorption for 2025 totaled more than 5,800 units (the second-highest on record), while Greater Columbus ranked 7th nationally on RentCafe's 2025 livability index and maintained a 4.6% unemployment rate equivalent to the national average.

The Q4 2025 U.S. industrial market report by Avison Young states that national vacancy held flat for two consecutive quarters for the first time in the post-COVID cycle, with vacancy plateauing at 9.3% and net absorption reaching 54.9 million square feet, the highest level since Q1 2023. The report indicates that inventory under construction increased 2.0% as developers resumed activity after a pullback, leasing volumes surged 10.2% above pre-COVID averages, and industrial investment volume exceeded $96 billion, with stronger-than-expected demand in the second half of 2025 driven by clarity on trade policy and manufacturing investment tied to OBBBA incentives.

Columbus's retail market maintained historically tight fundamentals in Q4 2025 with 3.0% vacancy and 423,000 square feet of absorption despite retailer bankruptcies and big-box relocations, supported by strong population growth and limited new supply of only 361,000 square feet under construction. Rent growth moderated to 3.8% year-over-year at $20.28 per square foot, while investment sales totaled $132 million at $157 per square foot with an 8.3% cap rate, reflecting stable investor demand anchored by constrained availability and durable demand drivers from the region's diversified economy and major new manufacturing investments.

Columbus's multifamily market reached a two-decade high vacancy rate of 9.9% in Q4 2025 as new supply deliveries increased 41% year-over-year while average asking rents stalled at approximately $1.4K per unit with flat quarterly growth of 0.4%. The report identifies elevated mid-priced Class B deliveries in suburban submarkets, particularly Delaware County, as the primary driver of competitive pressure, while noting that the slowing construction pipeline and expected sharp decline in 2026 deliveries may improve market balance.

Las Vegas retail vacancy climbed to 6.1% in Q4 2025 while asking rent increased to $2.06 per square foot, with the market recording $543.5 million in annual sales volume, a 54% year-over-year gain reflecting renewed liquidity and strengthened pricing at $283.57 per square foot. The metro economy added jobs with unemployment falling to 5.6%, median household income reaching $81,300, and Lifestyle Centers posting the strongest annual occupancy gains of 52,250 square feet as tenants gravitated toward amenitized, destination-oriented environments.

Cushman & Wakefield's Q4 2025 Cincinnati multifamily market report shows vacancy reached 8.1% (the highest level since 2005, up 60 basis points year-over-year), while effective monthly rent stood at $1,400 per unit (a 2.3% year-over-year increase). The market delivered 2,886 units in 2025 with 4,250 units under construction, marking the 16th consecutive year of positive net absorption at 2,374 units for the year-to-date period.

This is a retail market report published by Colliers at the end of 2025 covering the Columbus, Ohio market. The report presents fourth-quarter 2025 data and analysis for the retail sector in that geography.

Palm Beach County's industrial market recorded a 7.7% overall vacancy rate in Q1 2026, declining 60 basis points from Q3 2025's peak, with average asking rent reaching $13.70 per square foot despite a 1.0% quarterly decline; net absorption totaled 94,000 square feet year-to-date while the development pipeline held 811,000 square feet under construction with 53% preleased. The market experienced decreased new leasing activity for the third consecutive quarter at just over 135,000 square feet, though renewal activity remained strong and positive net absorption is expected to continue supported by over 517,000 square feet of leased space in the pipeline and the 200,000 square foot Hoerbiger corporate headquarters scheduled for occupancy by year-end.

The Salt Lake City industrial market report for Q1 2026 covers overall market conditions including 7.9% vacancy, 61,000 square feet of net absorption, and $0.80 per square foot asking rents, alongside economic data showing 846,400 jobs and 3.6% unemployment in the region. Key findings include positive net absorption driven by warehouse/distribution gains concentrated in the Northwest submarket, manufacturing space posting the tightest vacancy at 2.2%, and nearly 8.5 million square feet of industrial space delivered since early 2024 with approximately 47% remaining available.

The Minneapolis office market in Q1 2026 experienced a vacancy rate of 27.5%, declining 50 basis points year-over-year, with negative net absorption of 235,930 square feet driven primarily by Huntington Bank's 423,000-square-foot move-out, while asking rents held at $29.97 per square foot and leasing activity totaled 662,392 square feet with Class A assets capturing 63.7% of volume. Investment sales remained limited with selective repricing evident in downtown assets trading at nominal prices, though stabilized suburban properties like One Corporate Center II sold for $13.4 million, and the local unemployment rate stood at 3.8% in Q4 2025.

Palm Beach County's retail market vacancy rate decreased 10 basis points year-over-year to 3.8% in Q1 2026, while average asking rent jumped 6.2% to a record $38.54 per square foot, driven by strong net occupancies and influx of top-of-market priced supply. Retail investment sales surged to $477.2 million in quarterly volume—the largest since Q2 2022—with cap rates averaging 6.1%, below the national average of 7.3%, reflecting strong investor demand fueled by wealth influx and limited available space.

Portland's industrial market in Q1 2026 experienced direct vacancy rising to 6.5% (a 15-year high), up 160 basis points year-over-year, with asking rents averaging $0.87 PSF NNN under pressure from increased concessions and sublease activity, while net absorption remained negative at -872,345 SF and leasing volume improved 31% year-over-year to 2.5 million square feet. The regional unemployment rate for Portland-Vancouver-Hillsboro MSA reached 4.9% as of December 2025 (up from 4.1% year-prior), manufacturing employment declined 4.3% year-over-year to 114.7k jobs, and meaningful market recovery is not expected until at least 2027 due to continued supply deliveries and uneven absorption across submarkets.

Cushman & Wakefield's Minneapolis Industrial MarketBeat Q1 2026 report tracks market conditions across a 360.9 million square-foot industrial portfolio, reporting a 4.9% vacancy rate, net absorption of -366,000 square feet, and asking rents of $8.54 per square foot, with manufacturing users accounting for 55.6% of new leased space and speculative construction limited to under 250,000 square feet delivered and approximately 627,000 square feet under construction. Investor sentiment shifted toward smaller multi-tenant infill assets with diversified tenant rosters, while local unemployment remained stable at 3.8% in Q4 2025, 50 basis points below the national average, and new leasing held steady at approximately 2.2 million square feet quarter-over-quarter.

In Q1 2026, the Las Vegas office market recorded 12.5% overall vacancy, $2.35 asking rent per square foot, and 299,000 square feet of year-to-date net absorption, with the unemployment rate at 5.5% and 1.2 million jobs in the metro area. Class A vacancy declined 200 basis points quarter-over-quarter to 19.4% as tenants pursued suburban amenity-rich properties, Class B tightened to 11.2%, and limited future pipeline supply is expected to gradually constrain availability and support a more landlord-favorable environment.

This is a multifamily market forecast report published by Berkadia in March 2026 covering Salt Lake City, with national context included. The report provides an outlook on the multifamily sector for 2026 in the Salt Lake City area.

The Portland multifamily market in Q2 2026 maintained a 7.1% vacancy rate with average asking rents of $1,656 per month, remaining essentially flat year-over-year despite positive net absorption of 2,604 units year-to-date. Construction activity declined significantly, with units under construction falling 35.9% to 4,215 units and year-to-date deliveries down 24.8% to 1,813 units, while average sale prices per unit decreased 12.9% to $182,489 and cap rates increased to 6.4%.

This is a market report on the Utah County office sector published by Colliers in the first quarter of 2026. The report covers office market conditions in the Utah County area within the Salt Lake City region.

This is a Q1 2026 industrial market report for Minneapolis published by Colliers on March 31, 2026. The report covers the industrial sector in the Minneapolis market.

Minneapolis's multifamily market delivered 876 units in Q1 2026 with stabilized vacancy rising to 6.1% and net absorption declining to 240 units year-over-year, as supply outpaced demand while construction costs and tight financing conditions continued to constrain the development pipeline at 6,054 units. Average effective rents reached $1,557 per unit, up 2.6% year-over-year, with rent growth remaining steady across core locations while outer submarkets faced more competitive conditions and elevated concessions during lease-up.

This is a quarterly market report published by Colliers in March 2026 covering the industrial sector in Salt Lake County, Utah. The report provides market analysis and data for the first quarter of 2026.

The Portland office market in Q2 2026 showed stabilizing vacancy at 15.3% with positive year-to-date net absorption of 173,519 SF, though quarterly net absorption remained negative at -29,025 SF, while average asking rents declined 2.4% year-over-year to $29.16 PSF. The regional unemployment rate stood at 4.7% as of May 2026, and the market is expected to remain tenant-favorable in the near term with limited new construction in the pipeline.

This is a quarterly report of industrial sector figures for Salt Lake City published by CBRE in Q1 2026. The report covers market data for the industrial sector in the Salt Lake City area.

This is a retail market data and figures report for Portland, Oregon published by CBRE in the first quarter of 2026. The report covers retail sector metrics for the Portland market as of March 2026.

Palm Beach County's office market recorded a 13.5% overall vacancy rate at the end of Q1 2026, down 50 basis points quarter-over-quarter, with Downtown West Palm Beach vacancy falling 340 basis points annually to 12.7% driven by occupancies at One Flagler. Net absorption reached 128,000 square feet year-to-date despite new leasing activity declining 20% year-over-year, while overall average asking rents rose 6.3% year-over-year to $54.20 per square foot with Class A rents reaching $64.78 per square foot, the fifth highest in the nation.

Portland's retail market in Q2 2026 maintained a vacancy rate of 4.7% while average asking rents reached $2.02 per square foot per year, up 2.66% year-over-year, with the market recording positive net absorption of 45,624 square feet despite limited construction deliveries of only 10,004 square feet year-to-date. Investment activity strengthened significantly as average retail sale prices surged 92.12% year-over-year to $335 per square foot, while the development pipeline remained relatively steady at 514,643 square feet under construction and average cap rates declined to 6.6%.

This is a market report published by Colliers in March 2026 covering the retail sector in Utah County, with geographic scope including Salt Lake City, Utah, Arizona, and national markets.

This Cushman & Wakefield report analyzes Salt Lake City's office market in Q1 2026, finding an overall vacancy rate of 23.0% (down 120 basis points year-over-year), 199,100 square feet of net absorption, and average asking rents of $26.39 per square foot across all property classes. Key findings include strong demand for Class A space (52% of 729,000 square feet in new leasing activity), no new office deliveries recorded, and significant supply constraints driven by ongoing adaptive reuse conversions that have removed approximately 957,000 square feet from inventory since Q4 2022.

This is a market report published by JLL in December 2025 covering office sector dynamics in the Minneapolis-St. Paul metropolitan area for the fourth quarter of 2025. The report examines conditions and trends specific to the Minneapolis office market during that period.

Portland's office market in Q4 2025 experienced elevated vacancy at 24.3% and negative net absorption of 1.6 million square feet year-to-date, driven by tenant downsizing and limited backfill, while asking rents held steady at $33.57 per square foot as landlords used increased concessions and tenant improvement allowances to compete amid declining employment and reduced hiring. Class A properties with modern amenities and sustainability features commanded stronger pricing, while older commodity office space faced greater competitive pressure, with leasing activity concentrated in newer buildings and suburban submarkets rather than the CBD and central core.

The Minneapolis-St. Paul office market recorded 4.8 million square feet in total leasing volume during 2025, representing over 4% growth compared to 2024, though remaining below pre-COVID levels. Q4 2025 showed total availability at 22.3% with negative net absorption of 1.5%, largely driven by Ameriprise Financial's full vacancy of the Ameriprise Financial Center, while the development pipeline remained conservative with no new office projects breaking ground that quarter.

Minneapolis-St. Paul's multitenant office vacancy rose to 24.7% in the fourth quarter, driven by mid-size tenant space reductions, though Boston Scientific's completion of a 400,000-SF Maple Grove campus partially offset losses. Market strength remains concentrated in select nodes like Edina and the West End, where well-capitalized landlords continue to leverage generous concessions to attract tenants amid below-average leasing activity.

This is a market report published by JLL on December 31, 2025, covering office sector dynamics in West Palm Beach, Florida during the fourth quarter of 2025. The report includes geographic focus on West Palm Beach, the broader Miami area, Florida, and national markets.

This Newmark research report analyzes the Minneapolis-St. Paul industrial market as of fourth quarter 2025, covering economic conditions, employment trends, and leasing fundamentals across the region. Key findings include a 4.2% vacancy rate with 2.7 million square feet of net absorption in 2025, manufacturing employment growth of 1.6% year-over-year, and industrial leasing volume above historical averages driven by data center-related activity including Meta Platforms' 715,000-SF facility in Rosemount and Daedex's 503,000-SF lease in Dayton.

Fort Lauderdale's multifamily market experienced a slowdown in Q3 2025 with asking rent growth of just 0.1% following the unsustainable surge of 2021–22, driven by a large luxury supply wave that expanded vacancy to 7.6% and increased concessions, though rents remained over 25% above early-2021 levels and 34% above the U.S. average. The market recorded 8,760 units under construction (predominantly Class A luxury), annual sales of $1.8 billion with cap rates rising to 5.6%, and strong absorption averaging over 1,000 units per quarter since late 2023, while lower-rent submarkets posted some of the strongest annual rent gains as renters shifted toward more cost-effective areas.

This is a market report published by JLL in September 2025 covering industrial sector dynamics in the Minneapolis market for the third quarter of 2025. The report includes national geographic context alongside the Minneapolis, Minnesota focus.

Fort Lauderdale's retail market in Q3 2025 exhibits tight conditions with asking rents averaging $36 per SF, vacancy at 3.9%, and annual rent growth slowed to 1.1%, supported by strong tenant demand from fitness, grocery, and entertainment users despite minimal new supply of approximately 281,000 SF under construction. Retail investment sales reached $292 million over the past year driven by grocery-anchored and neighborhood centers, with the metro's economy remaining resilient supported by a median household income of $79,795, unemployment at 3.6%, and employment 5% above pre-pandemic levels.

Portland's industrial market experienced rising vacancy and softening employment in Q3 2025, with the vacancy rate climbing to 6.2% as new deliveries outpaced demand, while nonfarm employment fell 0.6% and the unemployment rate rose to 4.8%. Average asking rents remained flat at $0.93 per square foot on a monthly triple-net basis, with landlords maintaining pricing through concessions and lease flexibility rather than rate reductions, though nearly 1.6 million square feet remained under construction across the market.

This is a retail market report for Las Vegas published by CBRE in June 2025, covering the second quarter of 2025. The report provides a summary of market conditions in the Las Vegas retail sector.

Portland's office market experienced weakening fundamentals in the second quarter of 2025, with unemployment rising to 4.5%, office vacancy reaching a record high of 24.3%, and net absorption declining by 311,820 square feet despite modest job gains in education, health services, and information sectors. Average asking rents dipped slightly to $31.30/SF while leasing activity remained subdued, with tenants increasingly favoring affordable suburban submarkets over the downtown core, and no new office construction projects underway amid challenging market conditions.

Salt Lake City's commercial real estate investment market recorded $1.60 billion in transaction volume year-to-date through mid-2025, representing a 28% increase from mid-year 2024, with multifamily and industrial sectors leading activity. Capitalization rates increased across three of four asset classes, with multifamily at 5.4%, industrial at 6.0%, retail at 7.0%, and office holding flat at 9.75%, while the regional economy expanded with employment at 844,100 jobs and gross metro product projected to grow from $120.6 billion in 2025 to $128.2 billion in 2027.

Jacksonville's industrial market experienced a sharp rise in vacancy to 10.6% in Q1 2026, driven by speculative construction deliveries totaling nearly 690,000 square feet with no preleasing in place, while leasing activity declined 13.5% year-over-year to 837,000 square feet. Industrial asking rents increased 3.2% year-over-year to $7.97 per square foot, though the document notes that double-digit vacancy and reduced construction activity may begin to ease rental prices in the near future as tenants gain more space options.

Cushman & Wakefield's Q1 2026 MarketBeat report on Broward County's industrial market shows overall vacancy declined 10 basis points quarter-over-quarter to 5.4%, though it remains 120 basis points higher year-over-year due to 1.2 million square feet of 2025 deliveries of which over 90% remained unoccupied. Net absorption surpassed 137,000 square feet in Q1, the highest quarterly total in two years, while average asking rents rose 5.0% year-over-year to $17.67 per square foot, with new construction completions and expected pipeline deliveries projected to create upward vacancy pressure and rate volatility throughout 2026.