Industry News

Self Storage Rents Continue to Slow Down

Article by:  Agota Felhazi Year-over-year rent growth was slowest since mid-2020. Seasonality is kicking in for the self storage sector, with the recent trend of lowering rates month-over-month. Read the full article:  http://bit.ly/3EcPYov

Better Than Home: Utilizing Hotel-Style Amenities In Commercial Real Estate

Article by:  Vanessa Sturgeon Given that many employees have become accustomed to—and even prefer—working from the comfort of their own homes, creating office environments that echo amenities found within hotels (a place of rest and rejuvenation) is a strategic investment for persuading employees to willingly return to in-person work. Read the full article:  http://bit.ly/3AgmJ30

Companies Still Have Way Too Much Office Space, and They Can’t Sell It

Article by:  Eric Rosenbaum The amount of commercial real estate available for sub-lease is roughly equal to eight Amazon HQ2 towers. Other than high-use leases such as medical offices and laboratories, few lease holders can find buyers or tenants for unused office space. Companies that own their own campuses will likely wait out the current…read more

Industrial Rents Continue to Climb at Robust Pace

Article by:  Corina Stef Heightened demand for industrial space continued to put upward pressure on rents, and the trend is expected to continue, the latest CommercialEdge industrial report shows. What’s more, shrinking space availabilities and geographic constraints on new supply have further pushed growth forward. Read the full article:  http://bit.ly/3G8vNdW