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Lee & Associatesreport

Office’s Uneven Recovery: Where the Market Is Finding Its Footing

For the first time in years, the office market has headline numbers that genuinely look better. The U.S. posted a modest annual net absorption gain in 2025, the first since 2019. Leasing picked up. Activity in top-tier buildings improved in several major markets. But the rebound is narrower than it looks. The…

OfficeIndustrial & LogisticsU.S. National
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Lee & Associatesnews

CREATING VALUE WHERE THERE WAS NONE

OVERVIEW 10-Year, 16,125 RSF Lease of Functionally Obsolete School Building Religious non-profit owner in the San Francisco Bay Area Lee & Associates represented the owner-landlord For more information regarding this case study, please contact: DAVID KLEIN Executive Vice President | Managing Principal (415)…

OfficeIndustrial & LogisticsU.S. NationalSan Francisco
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Lee & Associatesreport

Bakersfield Industrial Market Report

Q1 2026 industrial market analysis for Bakersfield, California covering vacancy rates, lease rates, supply, and tenant activity in the region.

Industrial & LogisticsU.S. NationalCanada
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Lee & Associatesreport

Bakersfield, CA - Multifamily Market Report

Quarterly multifamily market analysis for Bakersfield, California covering first-quarter 2026 conditions and trends.

MultifamilyU.S. NationalCanada
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Lee & Associatesreport

2025 Q4 North America Market Report

Annual net absorption fell from 20.5 million sq ft in 2024 to 852,722 sq ft in 2025 despite more than 12 million sq ft of tenant growth in the fourth quarter. Deliveries in 2025 totaled 253.6 million sq ft, down 52 percent from the 526 million sq ft record set in 2023.

Industrial & LogisticsOfficeRetailU.S. NationalCanada
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Lee & Associatesreport

Bakersfield Office Market Report

Quarterly analysis of the Bakersfield office real estate market conditions and trends.

OfficeU.S. NationalCanada
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