As two tumultuous years closed for the office sector and return-to-office plans were upended by new variants and case surges, millions of workers remained in remote or mostly remote setups. And, while the average office vacancy rate climbed across top U.S. markets, one segment continues to show resiliency: medical office buildings (MOBs). Even though elective […]
Nationwide, commercial property is experiencing a significant shift in the makeup of the brick-and-mortar retail market. The COVID-19 pandemic has repeatedly taught us that convenience is king, and although we have somewhat returned to our pre-pandemic routines, online ordering, delivery services, and omnichannel distribution are all continuing to thrive. While some traditional retail shops are […]
Last week, commercial real estate property data and listings platform CommercialEdge published its most recent national office report, which paints a more current picture of office sector activity across the top 50 U.S. markets. Data analyzed for the June 2021 report found that: The average office lease rate was up 0.4% year over year, as […]
When the economy takes a tumble, investors immediately start hunting for recession-resistant assets. For the better part of the last 30 years, commercial real estate investors have turned to medical properties, which have been one of the strongest investment performers in our economy, regardless of economic conditions. Even during the global financial crisis of 2007-2008, […]