North America Commercial Real Estate News
North America Commercial
U.S. Mega Distribution Centers Leasing Activity Grew in 2024
According to recent data from CBRE, the U.S. industrial real estate market saw a significant increase in mega distribution center leases (1 million sq. ft. or more) in 2024, fueled by robust online sales nationwide.
U.S. Commercial Borrowing to Increase to $583 Billion in 2025, Up 16 Percent Annually
The Mortgage Bankers Association released an updated forecast this week projecting that U.S. commercial and multifamily mortgage borrowing and lending will reach $583 billion in 2025, marking a 16% increase from the estimated $503 billion in 2024.
Demand for U.S. Life Sciences Space Spikes 28 Percent Annually in Late 2024
CBRE's latest market data shows the U.S. life sciences real estate sector posted positive net absorption in Q4 of 2024, even as an increase in construction completions pushed the vacancy rate to 19.7%.
Multifamily Property Sector in America Rebounding
CBRE's latest research highlights a strong recovery in the U.S. multifamily market during late 2024, fueled by declining vacancy rates and robust demand.
North America Commercial Property News
Despite Return-to-Office Mandates, U.S. Office Vacancies Continue to Rise
Posted on October 21, 2024
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