Stamford Downtown’s Post

Another quarter in the books of rising vacancy and increased opportunity for tenants and buyers in Seattle. For more information please check out our Q2 2024 Seattle Office Market Report! #FFQuarterlyReport

What’s Happening In… Charleston? Charleston office properties face the same quandary as we’ve seen in the rest of the country, with some areas showing particularly high vacancy rates. Overall, however, the vacancy rate has decreased over the past year (to 7.7% as of Q3 2023), and the market “remains fairly steady overall.” Industrial performance has also been somewhat of a mixed bag, with an increase in vacancy to 5.9%, though the market overall “remains resilient.” NAI Charleston’s Sarah Shelley notes: “South Carolina continues to be a sought-after market by advanced manufacturers and significant investments are being made by new and existing companies throughout the Charleston MSA.” Read the entire article - https://ow.ly/YvTP50RaORi

Office Vacancy Rate Q4 per Cushman and Wakefield Cities 25% and above. Atlanta 25.2% Austin 29.8% Chicago 25.1% Cincinnati 26.1% Dallas 26.2% Denver 25% Houston 25.5% Los Angeles CBD 31.8% Minneapolis/St Paul 29.3% OK City 26.5% Phoenix 28.5% San Francisco 34.2% Seattle 30%

Our Q4 office stats are in! Check out the latest insights from our Q2 2024 JLL San Diego Office Insight Report below. Despite a challenging market with limited new tenant demand and a slow drip of new availabilities, there are some bright spots worth noting! #officespace #JLL #SanDiegoRealEstate #JLLSanDiego #backtotheoffice

🔎 Are you a corporate real estate decision maker? If so, we need your perspective on office attendance, portfolio optimization and technology and sustainability goals. Your response will form the basis of the upcoming CBRE Office Occupier Sentiment Survey—take the survey now to get early access to the report: https://cbre.co/3JxICix #Occupier #Survey

Q2 2024 Office Stats are in. Below are some bright spots in what will continue to be a challenging market with limited new tenant demand and a slow drip of new availabilities: - The San Diego office market recorded positive absorption in Q2, breaking a streak of six consecutive quarters of negative net absorption. - The positive absorption is a trailing indicator from large block leasing done in previous quarters with the U.S. Dept. of Veterans Affairs moving into 112,000 SF in Kearny Mesa, UCSD’s new 110,000 SF building in UTC, and the City of San Diego subleasing 75,000 SF in Mission Valley. - There has been a recent shift in demand drivers, with education, healthcare, and government now leading the way in new large-block activity. - Overall, San Diego still boasts one of the lowest total vacancy rates in the country at 13.7%. Within SD, suburban submarkets continue to outperform downtown posting total vacancy rates of 11.5% and 25.1% respectively. We are bracing for sizable vacancy increases downtown as new product delivers next quarter. For more information on San Diego office dynamics, check out our Q2 2024 JLL San Diego Office Insight below. #JLLSanDiego #CRE #SanDiego #RealEstate #Trends #SanDiegoBusiness #JLL #OfficeSpace #SanDiegoRealEstate

Downtown Vancouver Office Market Snapshot – Q4 2024 is here! Cushman & Wakefield’s latest insights reveal key trends shaping our market, from vacancy rates to leasing activity. If you're navigating the ever-evolving office landscape, this snapshot is a must-read. Learn more about what’s driving the Downtown Vancouver office market below! #RealEstate #CommercialRealEstate #MarketInsights #CushmanWakefield #Vancouver

Los Angeles' industrial market is showing significant shifts in vacancy and availability, with vacancy rising to 5.29% and availability to 7.63% in Q3 2024. These trends are empowering tenants to negotiate better deals while landlords face tougher challenges. Stay ahead of these market changes with strategic planning. #IndustrialRealEstate #CommercialRealEstate #VacancyRates #AvailabilityRates #LosAngeles

Vancouver will continue to be impacted by macroeconomic trends that have slowed leasing velocity, however, as the economy is expected to improve in late 2024 and into 2025, a dwindling development pipeline and stronger leasing activity should lead to falling vacancy and availability, especially in the Downtown Core.

2.7 million square feet leased in Charleston—and the clock is ticking. As new tenants move in, how are companies gearing up to meet the surge in operational demands? Charleston’s industrial market is buzzing with new opportunities for both tenants and landlords. Here’s how companies can stay ahead: Quick Ramp-Up: New leases mean operations need to scale fast. Skilled Labor Solutions: Experienced partners, like FHI, offer flexible supply chain labor to help disribution centers hit the ground running. Operational Efficiency: A well-matched workforce ensures companies make the most of their space, boosting tenant satisfaction and fostering long-term partnerships. Adapting to Market Shifts: Agile labor solutions provide the flexibility to handle fluctuating demand with confidence. As Charleston’s industrial real estate leasing market continues to thrive, supply chain workforce solutions are becoming more essential to operational success. For more insights on the thriving Charleston industrial market, check out the articles in the comments. #Charleston #IndustrialRealEstate #WorkForceSolutions