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Top Commercial Real Estate News

Gen Xers Are Biggest Users of Self Storage Units in 2022

According to RentCafe, primarily driven by change in life events, self storage is becoming increasingly popular. The recent need to carve out space at home for home offices or gyms, plus an increase in multigenerational living, have joined the traditional reasons for using self storage including growing families, living with roommates, moving and downsizing.

Office Tenants and Their Employees Have Widening Gap in Return-to-Work Expectations

Based on a new survey by CBRE of 176 U.S. companies shows that a wide gap between manager and employee sentiment persists when it comes to regular attendance in the office--leaving open the question of whether employees will actually return at a regular cadence that endures over time.

Manhattan's Office Market Enjoys Positive Absorption in Q2

Based on global property consultant CBRE's Q2 2022 figures for Manhattan's Midtown, Downtown and Midtown South office markets, which saw overall positive absorption knock availability down 30 basis points (bps) to 19.2%.

Despite Economic Headwinds, Global Commercial Property Investment Remains Attractive in 2022

According to global property consultant CBRE, following a strong global economic recovery in 2021 and early 2022, macroeconomic headwinds are raising fears of a broad-based downturn as central banks address persistent high inflation.

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