Of 10.4mm sq.ft. under development, finance, insurance, and real estate tenants make up 61% of the preleasing activity
Markets continue to crumble, 10Year Treasury drops
A survey done by CBRE shows the vast majority of CRE professionals do not expect any further cap rate expansion in the current cycle
Rocket Companies announced it would acquire real estate listing platform, Redfin, in an all-stock deal valued at $1.75bn
An investor group is suing CrowdStreet over its involvement with an acquisition involving Nightingale Properties
Intuitive Machines' and Lonestar Data attempted to land a small data center on the moon
San Jose, San Francisco, and New York had the highest hard costs at over $200 per sq. ft.
On Tuesday the GSA posted it would be selling 440 non-core assets, primarily consisting of office space
The average U.S. office sale price fell 11% YoY to $174 per sq. ft.
Data center supply in primary markets increased by 34% YoY to 6,922.6 MW, exceeding the 26% increase in 2023
Agencies have until April 14 to submit relocation plans to "less-costly parts of the country"
The sale will allow Sun Communities’ to re-focus on manufactured housing and RV communities
