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San Francisco's retail market improved in Q1 2026 with overall vacancy declining to 6.3% (down 70 basis points year-over-year) while asking rents held firm, supported by median household income of $160,900, retail sales growth of 4.4% year-over-year, and expanded leasing activity across fitness, entertainment, food and beverage sectors. Union Square specifically showed stronger recovery with vacancy falling to 20.0%, though the San Francisco Centre mall closed in January 2026 for multi-year redevelopment following years of declining occupancy and anchor tenant losses.

Austin's office market recorded 1.1 million square feet of positive net absorption in Q1 2026, driven primarily by SB Energy's purchase of the 1.2 million square foot former 3M Class A campus on River Place Blvd., with the overall vacancy rate declining 130 basis points to 23.3% and full-service average rent at $45.02 per square foot. The construction pipeline contracted 30.7% over the quarter with no deliveries added, while quarterly leasing velocity decreased 2.4% from the prior quarter to 1.4 million square feet, and investment sales volume totaled $230 million over the preceding 12 months at an average capitalization rate of 6.5%.

San Francisco's office market in Q1 2026 experienced significant improvement, with overall vacancy declining 110 basis points to 31.6%, net absorption reaching 896,000 square feet year-to-date, and asking rents rising to $69.16 per square foot, driven by record venture capital activity and strong leasing demand concentrated in artificial intelligence and tech sectors. Leasing activity reached 3.7 million square feet with AI companies accounting for nearly 50% of new deals, while notable transactions included Anthropic's 480,000-square-foot headquarters lease and the Transamerica Pyramid sale for $691 million, indicating initial signs of market stabilization despite elevated vacancy in lower-quality space.

Los Angeles County office market experienced continued pressure in Q1 2026 with vacancy rising to 23.6% and net absorption declining by 1.1 million square feet year-to-date, driven by modest employment growth of 0.8% concentrated in healthcare and education rather than office-using sectors. The overall average asking rent increased modestly to $3.62 per square foot monthly, while total leasing volume reached 2.2 million square feet down 23.6% year-over-year, with sublease inventory improving as vacant sublease space fell 22.0% year-over-year to 6.7 million square feet.

This is a data and figures report published by CBRE on March 31, 2026, covering the industrial sector in the Dallas/Fort Worth market for the first quarter of 2026.

The Houston retail market in Q1 2026 maintained a vacancy rate of 5.5% with net absorption of 660,125 square feet and 497,340 square feet of new construction deliveries, while the construction pipeline increased 26.6% to 4.2 million square feet. Average asking rents rose 1.9% quarterly to $21.28 per square foot, leasing activity increased 1.0%, and Houston's unemployment rate was 4.2% in December 2025 with job growth of 0.4 percent adding 14,800 jobs during 2025.

Chicago's industrial market in Q1 2026 exhibited strong leasing activity with new leasing totaling 9.8 million square feet, up 19.2% year-over-year, while the overall vacancy rate rose to 4.8% and asking rents increased 3.5% year-over-year to $7.40 per square foot. Construction activity remained robust with 1.8 million square feet delivered and 13.5 million square feet under construction, up 77.1% year-over-year, and sales momentum accelerated with 15.8 million square feet sold, up 117.6% compared to Q1 2025.

This is a quarterly market report on the Manhattan office sector published by Colliers on March 31, 2026, covering the first quarter of 2026.

Cushman & Wakefield's Austin Industrial MarketBeat for Q1 2026 reports that Austin's industrial market recorded a 22.9% vacancy rate with positive net absorption of 159,000 square feet year-to-date, while average asking rents stood at $11.81 per square foot, reflecting resilience in the warehouse/distribution segment despite elevated overall availability. Austin's economy showed strength with 1.4 million employed and an unemployment rate of 3.5%, though industrial inventory expanded to 101.9 million square feet following 1.2 million square feet of new deliveries, and quarterly leasing activity increased 35.3% year-over-year to 2.3 million square feet driven partly by big-box transactions.

This is a first-quarter 2026 office market data report published by CBRE covering the Dallas/Fort Worth metropolitan area.

This is a data and figures report published by CBRE on March 31, 2026, covering the industrial sector in Austin, Texas during the first quarter of 2026.

This is a data-figures report published by CBRE on March 31, 2026, presenting industrial sector metrics for the San Francisco Peninsula in the first quarter of 2026.

This is a quarterly data report on Los Angeles office market figures published by CBRE at the end of the first quarter of 2026. The report covers office sector metrics for the Los Angeles market.

This is a first-quarter 2026 data report published by CBRE presenting office market figures for Manhattan's Midtown submarket in New York.

This is a Q1 2026 industrial sector data report published by CBRE on March 31, 2026, covering the Chicago market. The item contains figures and metrics related to industrial real estate activity in Chicago and comparative national data.

This is a data and figures report published by CBRE on March 31, 2026, presenting first-quarter 2026 office market statistics for the Chicago suburban area.

This is a first-quarter 2026 industrial sector data report for San Francisco published by CBRE covering figures and metrics for that market.

Manhattan's office market in Q1 2026 experienced historic leasing momentum with total new leasing reaching 9.5 million square feet (the highest quarterly total since Q2 2019) and combined new and renewal leasing soaring to 13.2 million square feet, a 36.1% year-over-year increase, while the overall vacancy rate declined to 19.9%—its lowest level since Q3 2021. Key transactions included Bank of America's 2.1 million square foot renewal and expansion at One Bryant Park and American Express's nearly 2.0 million square foot commitment at Two World Trade Center, with Class A asking rents edging up to $83.25 per square foot amid broader employment growth that added 15,700 jobs since Q3 2025.

Cushman & Wakefield's Q1 2026 industrial market report for Dallas/Fort Worth records leasing activity of 18.5 million square feet in the first quarter (the strongest Q1 on record) and 64.1 million square feet over the past 12 months, driven by robust demand from third-party logistics, e-commerce, manufacturing, and data center sectors. Overall vacancy reached 8.3%, down 130 basis points year-over-year, while asking rents reached $8.74 per square foot (up 10.0% annually), with deliveries totaling 5.1 million square feet and construction activity concentrated at 31.2 million square feet or 3.0% of stock, with build-to-suit projects representing 35.9% of that pipeline.

Manhattan's office market in the first quarter of 2026 showed significant improvement, with available space declining for eight consecutive quarters to 14.6% from 19.5%, leasing activity reaching 12.9 MSF—the highest since Q4 2019—and overall asking rents growing to $78.25 per square foot, though remaining 4.2% below pre-pandemic levels. Tech and media sector requirements hit a decade-high of 8.8 MSF with artificial intelligence firms representing 22.1% of that demand, while office-using employment remained below December 2024 peaks as unemployment rose to 5.5% amid economic uncertainty.

Cushman & Wakefield's Q1 2026 industrial market report for Los Angeles County documents a modestly growing yet softening market, with employment increasing 0.8% year-over-year but core industrial demand drivers (trade, transportation, utilities, and manufacturing) declining, while the overall vacancy rate rose to 4.6% and net absorption turned negative at -2.2 million square feet year-to-date. Average asking rents continued declining, down 3.4% year-over-year to $1.32 per square foot monthly on a triple-net basis, though the pace of decline has moderated and leasing activity remained steady at 8.7 million square feet, with demand concentrated in infill submarkets of LA South and LA Central.

Manhattan's retail market in Q1 2026 transacted over 1.2 million square feet with availability reaching a record low of 10.8%, driven by strong leasing momentum across corridors including Upper Madison Avenue at 3.4% availability and significant growth in food and beverage and apparel tenants. Market fundamentals remained supportive with median household income at $111,200 (up 3.2% year-over-year), tourism forecasted at 66.3 million visitors for 2026, and six of eleven submarkets recording rent increases, including Upper Fifth Avenue up 11.1% to $2,447 per square foot.

Houston's office market in Q1 2026 recorded negative net absorption of 158,417 square feet, a vacancy rate increase to 26.5%, and construction deliveries of 464,450 square feet, though leasing activity rose 29.8% to 2.7 million square feet with average rental rates increasing 0.7% quarterly to $30.84 per square foot. Class A properties drove positive absorption of 95,067 square feet while Class B properties declined, and the under-construction pipeline decreased 39.6% to 622,040 square feet, with investment sales volume totaling $788 million over the prior 12 months across 166 properties.

This is a quarterly industrial real estate data report published by CBRE on March 31, 2026, presenting figures for the Los Angeles market in the first quarter of 2026.

This is a Q1 2026 office sector data report published by CBRE covering the Austin market. The report presents figures and market metrics for the office sector in Austin, Texas.

This is a data and figures report published by CBRE on March 31, 2026, presenting first-quarter office market metrics for Manhattan. The report covers office sector information at local and national geographic levels.

This is a data-figures report published by CBRE on March 31, 2026, presenting office sector figures for San Francisco in the first quarter of 2026.

Cushman & Wakefield's Dallas/Fort Worth Office Q1 2026 report documents market conditions including a 24.5% overall vacancy rate, asking rents of $34.04 per square foot, 3.3 million square feet in first-quarter leasing activity (up 17.9% quarter-over-quarter), and positive net absorption of 116,870 square feet for the fifth consecutive quarter, with Class A outperforming at 339,931 square feet absorbed while Class B declined. The report projects that DFW office fundamentals will continue strengthening throughout 2026 as an emerging shortage of top-tier space drives upward rent pressure despite favorable concessions, and that construction activity will remain historically low at 2.0 million square feet with new starts of approximately 248,000 square feet in the first quarter.

The Dallas-Fort Worth retail market experienced a substantial drop in net absorption in Q1 2026, with the vacancy rate increasing 20 basis points to 5.4%, while the under-construction pipeline rose 4.1% quarterly to 7.0 million square feet with 75% pre-leased. Average asking rental rates increased 0.9% quarter-over-quarter and 7.3% year-over-year to $21.23 per square foot, with premium rents in North Central Dallas, Central Dallas, and East submarkets, while construction activity concentrated in northern and southwestern Dallas submarkets aligned with housing growth.

This is a data report published by CBRE on March 31, 2026, presenting office sector figures for Houston in the first quarter of 2026. The report covers Houston office market metrics and is classified as a national-level market figures publication.

The Dallas-Fort Worth office market in Q1 2026 experienced a 43.6% quarterly increase in leasing activity to 4.3 million square feet, but net absorption turned negative at -210,199 square feet while vacancy rose 10 basis points to 25.4%. Average rental rates increased 3.0% quarterly and 6.0% annually to $33.31 per square foot, with Class A properties reaching a record high of $37.47 per square foot.

This is a quarterly report published by CBRE on March 31, 2026, presenting retail market figures and data for Manhattan in the first quarter of 2026.

The Chicago multifamily market achieved 95.0% occupancy by year-end 2025, up 0.1 percentage points year-over-year and above the 10-year average of 93.7%, with effective rents rising 3.7% to $1,913 per unit. The market absorbed 5,130 units in 2025 (down 51.3% year-over-year) while delivering 4,949 units (down 43.1% year-over-year), with 26,845 proposed units in the pipeline and 9,735 units under construction as of Q4 2025.

This Dallas-Fort Worth Multifamily Market Report for the fourth quarter of 2025, published by Newmark, covers the DFW multifamily real estate market, economic overview, transaction trends, and market fundamentals. Key findings include that DFW added more new jobs than 41 states in 2024, is home to over 8.4 million residents with 760,000 people added since 2019, and Newmark holds a 28% market share in Texas multifamily sales with $27.8 billion across 668 properties.

This is a data and figures report published by CBRE on December 31, 2025, presenting industrial and logistics market information for New York City in the fourth quarter of 2025. The report covers the industrial sector with geographic focus on New York City and New York State.

This is a market report published by CBRE in December 2025 covering the data center sector in the Dallas-Fort Worth region as part of a broader North America Data Center Trends report for the second half of 2025. The report addresses data center market conditions and trends in the Dallas-Fort Worth area within the context of national North American data center market developments.

This is a market report published by CBRE in December 2025 covering the office sector in San Francisco, California. The report provides a snapshot of conditions and metrics for the San Francisco office market as of the fourth quarter of 2025.

This is a retail market data report published by CBRE on September 30, 2025, presenting third-quarter 2025 figures for the Dallas-Fort Worth retail sector.

This is a market report published by JLL in June 2025 covering retail sector dynamics in the Los Angeles market during the second quarter of 2025.

South Florida's office market posted an 8.6% vacancy rate in Q4 2025 with asking rents rising year-over-year from $37.37 to $39.81 per square foot NNN, while industrial vacancies increased to 5.7%, retail remained stable at 3.3% vacancy, and multifamily vacancies edged up to 6.7%. Lee & Associates attributed office resilience to wealth management firm activity and upcoming hedge fund investment events, while noting industrial market recalibration with negative net absorption and retail strength driven by grocery-anchored assets and Publix expansion.

This is a data and figures report published by Northmarq on December 31, 2025, covering multifamily vacancy trends in Houston and national markets, documenting the first quarterly decline in vacancy rates in over two years.

This is a market report published by Northmarq on December 31, 2025, covering the multifamily sector in Phoenix, Arizona. The report addresses sales velocity and multifamily absorption trends in the Phoenix market.

This is a market report published by Northmarq on December 31, 2025, covering multifamily transaction activity in the Midwest with a focus on Chicago. The report addresses the multifamily residential sector across Chicago, Illinois, and national markets.

This Q3 2025 report from Avison Young analyzes U.S. multifamily market conditions, finding that average monthly mortgage payments exceed average multifamily rents by $825, creating strong rental demand that is keeping pace with new deliveries at the lowest supply-demand gap since 2021. The report documents a 47.4% decline in new construction starts between 2024 and 2025 year-to-date, resulting in rent growth of 0.9% through Q3 2025—the highest rate since 2022—with major coastal markets experiencing above-average rent increases while high-supply Sunbelt markets face downward pressure, and year-to-date multifamily sales volumes reaching their highest levels since 2022 with 60% of available investment capital targeting multifamily assets.

This is a market report published by Northmarq in September 2025 covering the multifamily sector in Houston, Texas, addressing changes in the construction pipeline.

South Florida's industrial market experienced vacancy rate increases from 6.6% to 7.7% year-over-year in Q3 2025, while average asking rents rose modestly from $17.09 to $17.35 per square foot NNN. The retail sector remained resilient with a 3.4% vacancy rate and asking rents of $36.36 per square foot, office vacancies held steady at 8.3% with rents climbing to $39.19 per square foot, and multifamily maintained a 6.5% vacancy rate with asking rents increasing to $2,264 per month.

This is a market report published by Northmarq in June 2025 examining the multifamily sector in Austin, Texas, with a focus on the relationship between renter demand and new unit deliveries during the first half of the year.

This is a market report published by Northmarq in March 2025 covering the multifamily sector in Denver, Colorado. The report examines conditions in the Denver multifamily market in relation to supply dynamics.

Major U.S. markets absorbed more than 72,000 multifamily units in Q1 2025, with absorption at 25.2% of 2024's full-year total and multifamily sales activity increasing 9.7% compared to Q1 2024. Development activity is projected to slow significantly by 2026 while effective rents have increased only 1.7% since 2023, though 66.4% of units under construction are expected to deliver in 2025, which combined with slowing future construction may place upward pressure on occupancy and rental rates.

This is a first-quarter 2026 industrial market report for the Phoenix area published by Colliers on March 31, 2026. The report covers market conditions and activity in the Phoenix industrial sector.

The Phoenix office market in first quarter 2026 experienced negative net absorption of 267,000 square feet with leasing activity increasing 10% year-over-year to 1.4 million square feet, while total vacancy decreased 70 basis points to 24.0% and average direct asking rates rose to $31.45 per square foot. Hybrid work trends are driving tenant demand toward smaller move-in-ready suites averaging 4,000-5,000 square feet and Class A properties offering hospitality-driven amenities such as conference facilities and on-site dining, with Tempe recording the strongest submarket performance at 195,000 square feet of positive net absorption.

The Puget Sound office market's regional vacancy rate rose to 23.1% in first quarter 2026, a 30 basis point increase from the prior quarter, with net absorption totaling negative 486,708 square feet as leasing activity remained slow despite signs of stabilization and improved fundamentals. Large technology firms including Microsoft and Amazon have paused office expansions and reduced surplus space, while Seattle's position as the third-ranked U.S. metro area for artificial intelligence industry growth is generating demand for smaller, furnished "plug and play" spaces, though downtown Seattle continues facing elevated vacancy and weak tenant commitment.

This is a quarterly market report on the Atlanta retail sector published by Colliers in March 2026, covering first-quarter 2026 conditions.

This is a quarterly market report on the Austin office sector published by Colliers in March 2026, covering Q1 2026 performance.

The San Francisco office market showed improving fundamentals in first quarter 2026, with leasing activity totaling 3.4 million square feet—the sixth consecutive quarter exceeding 2.0 million square feet—and net absorption of 855,000 square feet representing the strongest total since 2019, though overall vacancy remained elevated at 28 percent and asking rents increased 3.4 percent year-over-year to $48.70 per square foot. High-profile tenant expansions by AI-focused firms including OpenAI's 222,000-square-foot lease and Anthropic's combined 626,000 square feet across three properties demonstrated confidence in San Francisco as an innovation center, while demand concentrated in newer, well-located buildings with amenities reinforced a widening performance gap between high-quality and older inventory.

This is a market report published by Colliers in March 2026 covering the office sector in Houston, Texas with national context.

This is a first-quarter 2026 market report published by Colliers covering the retail sector in Houston, Texas.

The Kidder Mathews report analyzes Seattle's multifamily market in first quarter 2026, finding vacancy at 7.1%, average asking rents at $2,004 per unit, and average sales prices at $202,189 per unit, with year-over-year changes of -20 basis points in vacancy, 0.3% in rents, and -18% in sales prices. The report documents significant transactions including four property sales ranging from $15.8 million to $78 million, five major projects under construction with expected deliveries between 2Q 2026 and 3Q 2027, and five completed developments totaling 1,204 units delivered in early 2026.

Kidder Mathews' 1Q 2026 Los Angeles office market report documents a market facing persistent headwinds, with direct vacancy holding steady at 15.9%, total availability at 19.7%, and average direct asking rents at $3.53 per square foot on a full-service basis. Leasing activity remained relatively flat at 3.4 million square feet with negative net absorption of 143,000 square feet, reflecting continued tenant hesitancy around return-to-office mandates and a structural shift toward remote and hybrid work arrangements, though healthcare occupiers and new media companies showed increased demand amid elevated landlord concessions in higher-vacancy submarkets.

This is a market report published by Colliers in March 2026 covering the office sector in San Francisco, California.