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Top Commercial Real Estate News

U.S. Tech Industry Office Leasing Pace Slowed in 2022 to Lowest Share in 5 Years

According to CBRE's annual Tech-30 report, the tech industry's share of U.S. office-leasing activity slipped in the first half of 2022 to its lowest share in five years.

Despite Growing Economic Concerns, Manhattan Office Leasing Up 14 Percent in 2022

According to CBRE's Manhattan Figures Q4 2022 report, concerns over an economic recession affected Manhattan's office leasing market as tenants slowed decisions on their real estate requirements at year end. During the fourth quarter, office leasing totaled 4.42 million sq. ft., 27% below the five-year quarterly average of 6.01 million sq. ft.

Commercial Property Investors to Target Secondary U.S. Markets in 2023

According to the findings of CBRE's latest U.S. Investor Intentions Survey, commercial real estate investors in the U.S. favor opportunistic strategies and are showing a preference for secondary markets in 2023 amid concerns about higher interest rates and tighter financial market conditions.

Commercial, Multifamily Borrowing in U.S. Expected to Fall to $700 Billion in 2023

According to the Mortgage Bankers Association, total commercial and multifamily mortgage borrowing and lending in the U.S. is expected to fall to $700 billion this year, which is a 5 percent decline from an expected 2022 total of $740 billion.

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