North America Commercial Real Estate News
North America Commercial
Office Landlords Nationwide Increasing Concessions to Lure Tenants in U.S.
According to a new report from CBRE, office-building owners across the U.S. are granting more concessions, such as months of free rent and larger tenant-improvement allowances, to entice companies into their buildings amid a challenging office market and slowing economic growth.
Online Returns in the U.S. Could Total $82 Billion This Holiday Season
According to a new report from CBRE, while e-commerce companies are likely to see a record level of online purchases this holiday season, they're also experiencing a costly problem - returns - which could total as much as $82.1 billion in the U.S.
More Pain Expected in 2024 for America's Commercial Property Sector
Based on new market forecasts by global property consultant CBRE, U.S. economic growth will continue to slow in 2024 and commercial real estate transaction values will decline further, creating compelling buying opportunities, according to the company's 2024 U.S. Real Estate Outlook.
Total U.S. Commercial, Multifamily Mortgage Debt Rises to $4.63 Trillion in 2023
According to the Mortgage Bankers Association's latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report, the level of commercial/multifamily mortgage debt outstanding increased by $37.1 billion (0.8 percent) in the third quarter of 2023.
North America Commercial Property News
Manhattan Office Leasing Activity Lags in Q3 as Sentiment Remains Cautious
Posted on October 09, 2023
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