Market Reports Archives - REBusinessOnline https://rebusinessonline.com/category/market-reports/ Commercial Real Estate from Coast to Coast Mon, 03 Aug 2026 13:11:51 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.3 https://rebusinessonline.com/wp-content/uploads/2020/09/cropped-REBusiness-logo-512px-32x32.png Market Reports Archives - REBusinessOnline https://rebusinessonline.com/category/market-reports/ 32 32 The Queen City: New Luxury Renters Are Driving Investor Sentiment  https://rebusinessonline.com/the-queen-city-new-luxury-renters-are-driving-investor-sentiment/ Thu, 06 Aug 2026 12:30:00 +0000 https://rebusinessonline.com/?p=461796 By John Schenk and Parker Gilmore, CBRE For two decades, Cincinnati did not see many new apartment projects built compared with its peer cities, with annual deliveries trickling along at roughly 965 units between 2000 and 2020, while merchant builders showed a preference to Columbus or Indianapolis for their predictability.  But 2021 marked the beginning of a breakout period as a favorable macroeconomic backdrop, along with surging national and regional appetite, conditioned a thunderstorm of new development at the record-breaking tune of over 3,000 units per year.  A combination of economic growth, demographic shifts, refreshed renter expectations and institutional capital interest has positioned Cincinnati as one of the Midwest’s most compelling multifamily investment stories as of late. The numbers tell a story of Midwestern confidence. Cincinnati recorded nearly $943 million in multifamily sales volume for 2025, representing 7,381 units traded — a dramatic increase from 2024’s $517 million and 2023’s $314 million. Blended pricing reached approximately $122,834 per unit with transaction counts on the rise as investors sought exposure to the fundamentals Cincinnati offered so well.  Behind the surge in transaction activity is a fundamental shift in how developers, investors and residents are viewing the Queen City’s investment potential. A…

The post The Queen City: New Luxury Renters Are Driving Investor Sentiment  appeared first on REBusinessOnline.

]]>
Legislative Elimination of Zoning Restrictions: A New Offensive Playbook for Texas Multifamily Developers https://rebusinessonline.com/legislative-elimination-of-zoning-restrictions-a-new-offensive-playbook-for-texas-multifamily-developers/ Tue, 04 Aug 2026 11:57:00 +0000 https://rebusinessonline.com/?p=462475 By Jonathan Aldaco, partner at Bell Nunnally LLP For decades, multifamily developers across Texas have faced a frustrating reality: after investing significant time and capital in projects, multifamily developments can spend months — or even years — sidelined in layers of procedural red tape before construction even begins. And while some projects eventually move forward, some never do. Senate Bill 840 (now codified as Chapter 218 of the Local Government Code) rewrites the playbook on this trend. Designed to address the shortage of housing in metropolitan areas across Texas, this new law streamlines approvals and lowers regulatory hurdles by allowing mixed-use and multifamily housing by right on commercial property. Only nine months into its implementation, Chapter 218 has made one point clear: The rules governing multifamily development in Texas have changed. Off the Sidelines, Into the Game As a threshold matter, Chapter 218 only applies to municipalities with a population of more than 150,000 that are wholly or partly located in a county with a population of more than 300,000. This means that cities like Dallas and Fort Worth and other municipalities in the metroplex like McKinney, Irving, Arlington, Frisco and Plano are impacted by Chapter 218. In total, this…

The post Legislative Elimination of Zoning Restrictions: A New Offensive Playbook for Texas Multifamily Developers appeared first on REBusinessOnline.

]]>
Charlotte’s Industrial Market Enters a New Era of Disciplined Growth https://rebusinessonline.com/charlottes-industrial-market-enters-a-new-era-of-disciplined-growth/ Mon, 03 Aug 2026 11:45:00 +0000 https://rebusinessonline.com/?p=462505 After several years of unprecedented industrial expansion, the Charlotte market is entering a more disciplined phase of growth, and that may ultimately prove healthier for the region long term. While headlines continue to focus on elevated vacancy rates, the underlying fundamentals of the market remain sound, particularly for modern, Class A product and strategically located logistics corridors. Charlotte absorbed nearly 60 million square feet of industrial deliveries since 2020, fundamentally reshaping the region’s supply chain infrastructure and elevating the market into one of the Southeast’s premier logistics hubs. Today, the conversation is no longer centered around whether Charlotte can attract industrial users, it is about how the market recalibrates after an aggressive development cycle. That recalibration is already underway. Construction starts have slowed considerably, with the development pipeline contracting to approximately 4.8 million square feet in first-quarter 2026, down significantly from the previous 10-quarter average of 8.7 million square feet.  At the same time, leasing activity has remained healthy, totaling approximately 2.2 million square feet during the first quarter. Vacancy appears to be flattening as leasing volume continues to outpace new deliveries.  One of the clearest trends shaping the market is the continued “flight to quality” among occupiers. Large users…

The post Charlotte’s Industrial Market Enters a New Era of Disciplined Growth appeared first on REBusinessOnline.

]]>
Cincinnati: A Market Defined by Industrial Strength, Life Sciences Growth  https://rebusinessonline.com/cincinnati-a-market-defined-by-industrial-strength-life-sciences-growth/ Thu, 30 Jul 2026 12:30:00 +0000 https://rebusinessonline.com/?p=461792 By Kimm Lauterbach, REDI Cincinnati Shaped by its strong German heritage, brewing tradition and historic role as the nation’s pork-processing capital, earning the nickname “Porkopolis,” the Cincinnati region has long been defined by industry, entrepreneurship and innovation. That legacy of reinvention has transformed Cincinnati into one of the Midwest’s most resilient and strategically positioned economic development markets. Anchored by a diverse economy, a central location within a one-day drive of nearly 60 percent of the U.S. population and a growing concentration of advanced industries, the region is experiencing sustained investment across industrial and life sciences. Unlike many peer markets that are dependent on a single industry, Cincinnati benefits from a balanced economic base led by advanced manufacturing, life sciences, aerospace and aviation, food and beverage and logistics.   For the first quarter of 2026, REDI Cincinnati has welcomed the highest number of site visits since our inception. Industrial powerhouse  Industrial real estate remains the strongest-performing commercial sector in the Cincinnati market. Cincinnati’s industrial vacancy rate stood at approximately 5.4 percent during the first quarter of 2026, according to Cushman & Wakefield, reflecting a healthy and balanced market despite significant inventory growth over the last several years.  Positive absorption has continued,…

The post Cincinnati: A Market Defined by Industrial Strength, Life Sciences Growth  appeared first on REBusinessOnline.

]]>
The Institutionalization of Charlotte’s Retail Sector https://rebusinessonline.com/the-institutionalization-of-charlottes-retail-sector/ Mon, 27 Jul 2026 11:45:00 +0000 https://rebusinessonline.com/?p=461977 Years of nation-leading population growth, a robust job market and rising household incomes have propelled Charlotte retail onto the national stage as a major target for institutional and private investors alike. The market is now operating at a premium, with average asking rents surpassing the national average for the first time on record in late 2025 after rising more than 30 percent over the past five years, according to data from CoStar Group Inc. That milestone says a lot about how far the market has come, but it also points to where it is headed.The next phase of Charlotte retail will not be defined by growth alone. It will be defined by having the right tenant in the right format serving the right trade area. The strongest corridors continue to command attention from retailers and investors alike, while rising occupancy costs are forcing every deal to stand on stronger fundamentals. For owners, tenants and capital sources, that dynamic makes Charlotte one of the Southeast’s most compelling retail markets, but also one of its most nuanced. The new retail map Charlotte gained 20,731 residents between 2024 and 2025, ranking among the fastest-growing major cities in the country, according to the U.S.…

The post The Institutionalization of Charlotte’s Retail Sector appeared first on REBusinessOnline.

]]>
Charlotte’s Office Market Picks Up in 2026 as Activity Accelerates https://rebusinessonline.com/charlottes-office-market-picks-up-in-2026-as-activity-accelerates/ Mon, 20 Jul 2026 11:45:00 +0000 https://rebusinessonline.com/?p=461482 The story in Charlotte’s office market today is a continuation of what began to take shape last year — only now, the activity behind it is real and measurable. The tenants that were cautiously exploring the market in 2024 have re-engaged, and many are now making decisions with greater clarity around their long-term space needs. Leasing volume reflects that shift. Activity reached roughly 1.4 million square feet in the first quarter of 2026, a significant increase year-over-year, with the majority of deals driven by new leases and expansions. That’s been the biggest change over the past 12 months: groups that were once on the sidelines are now moving forward, and deal velocity is picking up across multiple industries. At the same time, demand remains highly focused on quality. Class A buildings continue to capture most of the leasing activity, accounting for nearly 70 percent of total volume and leading overall absorption, which approached 400,000 square feet in first-quarter 2026. The best-performing assets in Uptown, Midtown and South Park are seeing steady occupancy gains, with rents at the top of the market pushing into the high-$50s per square foot.  That said, the conversation around quality is becoming more nuanced. While top-tier…

The post Charlotte’s Office Market Picks Up in 2026 as Activity Accelerates appeared first on REBusinessOnline.

]]>
Des Moines at the Midpoint: Demand Is Real, Space Is the Variable https://rebusinessonline.com/des-moines-at-the-midpoint-demand-is-real-space-is-the-variable/ Thu, 16 Jul 2026 12:33:00 +0000 https://rebusinessonline.com/?p=459309 By Aaron Hyde and Justin Lossner, JLL Regional markets like Des Moines are no longer waiting their turn. Retailers and office users that once bypassed mid-sized metros for coastal or high-growth markets are compressing their timelines and arriving here ahead of schedule. Heading into the second half of 2026, that shift is already playing out on the ground. Des Moines faces constrained supply and steady demand—not excess capacity. Across retail and office, the question isn’t whether tenants want to be here, but whether growth can physically occur. Retail: strong demand  Retail vacancy in metro Des Moines sits around 3.5 percent, the tightest rate in over a decade. Demand spans categories: Quick-service restaurants, banks, auto tenants, fitness and junior box soft goods retailers all absorb space as it becomes available. Retailers are no longer simply looking for the next door down the street. They’re expanding regionally, and markets like Des Moines are benefiting as larger metros tighten. National retailers now enter Des Moines earlier in their expansion cycles. In fact, roughly 36 percent of new national retail leases were signed within five months of space becoming available. Des Moines is consistent with that velocity.  Space — not demand — limits growth…

The post Des Moines at the Midpoint: Demand Is Real, Space Is the Variable appeared first on REBusinessOnline.

]]>
Two Cures for High Rent https://rebusinessonline.com/two-cures-for-high-rent/ Tue, 14 Jul 2026 11:53:00 +0000 https://rebusinessonline.com/?p=460840 By Jack Stone, managing director, Greysteel In the last week of June, two things happened in the American multifamily market that belong side by side: New York City froze rents, and the Dallas Fed confirmed  that Texas is drowning in apartments. One of those scenarios involves a market correcting itself. The other is a market being told to stop. In New York City, the Rent Guidelines Board voted seven to one to freeze rents on roughly 1 million rent-stabilized apartments, including zero percent increases on one- and two-year leases, the first two-year freeze in the board’s history. That action impacts about a quarter of all housing inventory in the city and roughly 40 percent of its rental units. In Texas, markets have kept doing what they’ve been doing for two years: bleeding. Both states are wrestling with the same underlying problem. Rents got too high for many people to afford. The difference is what each one decided to do about it, and that difference is the whole story. Texas is in pain, and the pain is honest. The Dallas Fed put numbers to it this spring. A pandemic-era construction boom, cheap money and aggressive bank lending dumped a historic wave…

The post Two Cures for High Rent appeared first on REBusinessOnline.

]]>
Western North Carolina Is Changed, But Not Broken, Following Hurricane Helene https://rebusinessonline.com/western-north-carolina-is-changed-but-not-broken-following-hurricane-helene/ Mon, 13 Jul 2026 11:57:00 +0000 https://rebusinessonline.com/?p=460846 Hurricane Helene was not a modest disruption. It was a disaster of historic scale. The North Carolina Office of State Budget and Management estimated total damage and recovery needs at $59.6 billion as of Dec. 2024, including damage to more than 73,000 homes, more than 100 confirmed deaths in North Carolina and a federal disaster declaration covering 39 counties. As a broker in Western North Carolina (WNC), I am often asked why the commercial real estate market has remained as strong as it has. The answer is not that the market avoided pain. It did not. The answer is that a tightly supplied market behaves very differently from a soft market after a disaster.  In WNC, Hurricane Helene did not expose oversupply. It exposed scarcity. Before Helene, the Asheville-area commercial market already had very little slack. In NAI Beverly-Hanks’ second-quarter 2024 Asheville MSA commercial market report, CoStar Group-derived vacancy stood at 5.3 percent for industrial, 2.8 percent for office and 1.6 percent for retail. Earlier 2024 reporting from the same source showed similarly constrained conditions, reinforcing the same point: this was already a tight market before the storm arrived. A familiar recovery pattern That pre-storm scarcity shaped the recovery pattern.…

The post Western North Carolina Is Changed, But Not Broken, Following Hurricane Helene appeared first on REBusinessOnline.

]]>
From Office to Experience: Retail Repositioning Gains Ground in Las Vegas https://rebusinessonline.com/from-office-to-experience-retail-repositioning-gains-ground-in-las-vegas/ Fri, 10 Jul 2026 11:58:00 +0000 https://rebusinessonline.com/?p=459293 Adaptive reuse has always been an astute trend when it comes to utilizing location, existing bones, and saving a little time and money on delivery. It’s also particularly useful in submarkets like the southeast Las Vegas submarket of Henderson where strong population growth and rising household incomes outpace the availability of new retail. This long-standing unmet demand for Class A retail has inspired one developer to reshape how it views underperforming office assets. Steve Neiger, managing principal at CAST Capital Partners, is co-developing the Cliff, a 100,000-square-foot office-to-retail conversion in Henderson’s Green Valley Ranch submarket.  The project involves the repositioning of a vacant, low-density suburban office property that had struggled to remain competitive as newer product and shifting workplace trends weighed on demand. Rather than pursue a traditional office lease-up or a residential conversion, the development team, which includes Partners Capital, is transforming the site into an open-air retail and dining destination designed to better align with the area’s demographics, accessibility and surrounding residential density. The repositioning reflects a broader trend in how developers are evaluating aging office assets in high-growth suburban markets, particularly where strong consumer demand is not being met by existing retail supply. Situated along Paseo Verde…

The post From Office to Experience: Retail Repositioning Gains Ground in Las Vegas appeared first on REBusinessOnline.

]]>
Chicago’s Next Industrial Opportunity Is Already Built https://rebusinessonline.com/chicagos-next-industrial-opportunity-is-already-built/ Thu, 09 Jul 2026 12:30:00 +0000 https://rebusinessonline.com/?p=459305 By Maxx Kossof, The Missner Group Chicago’s industrial market is active — vacancy is low, rents are up and the construction pipeline remains substantial. But the market is not uniform. Smaller deals, in tighter locations and existing buildings, are moving. That segment has been underserved for some time, and that is starting to change. Big box is largely spoken for Chicago’s active construction pipeline is significant, but the majority of it is already committed. The large projects breaking ground  are build-to-suit developments for specific users, including Kimberly-Clark, CJ Logistics and Walmart. Big speculative groundbreakings have been largely absent for some time, reflecting a period of softer leasing demand that is only now beginning to recover. That pipeline serves an important segment of the market, but a narrow one. Most tenants are not those users. They are regional distributors, light manufacturers and last-mile operators looking for 25,000 to 90,000 square feet in a location that works for their workforce and customers. For years, speculative development bypassed this segment in favor of larger tenants and higher absolute rents. That is beginning to shift. Infill is competitive  When a well-located older building becomes available in Chicago, there is real competition for it. The…

The post Chicago’s Next Industrial Opportunity Is Already Built appeared first on REBusinessOnline.

]]>
Las Vegas Strip Isn’t Cooling — It’s Normalizing https://rebusinessonline.com/las-vegas-strip-isnt-cooling-its-normalizing/ Tue, 07 Jul 2026 12:00:00 +0000 https://rebusinessonline.com/?p=459287 — By Mike Mixer of Colliers — Recent headlines have pointed to a “cooling” of the Las Vegas Strip, with RevPAR down, visitation below peak levels and growth moderating from 2022 and 2023 highs. On paper, the numbers look softer. But before drawing conclusions, it’s important to consider how the data is being viewed as the comparisons most often used are distorted. The Pandemic was Not a Normal Cycle COVID-19 shut down the Strip in March 2020, an unprecedented event in modern history. Southern Nevada visitor volume dropped by more than 50 percent. Resorts closed, occupancy collapsed and revenues fell sharply. The 2021 to 2023 rebound that followed was equally unusual. Pent-up demand, stimulus liquidity and limited new supply drove record ADR growth and historic RevPAR levels.  Both the downturn and the surge were outliers. When those years are used as a benchmark, today’s performance appears negative. In reality, it reflects normalization. Rates Remain Elevated Even with recent moderation, Strip ADR remains materially above pre-pandemic levels. Operators have maintained rate discipline and are not aggressively discounting to chase occupancy. That suggests stability rather than weakening demand. Capital Signals Confidence If the Strip were in decline, capital would be retreating. Instead,…

The post Las Vegas Strip Isn’t Cooling — It’s Normalizing appeared first on REBusinessOnline.

]]>
Southwest Florida’s Industrial Market Is Primed for a Surge https://rebusinessonline.com/southwest-floridas-industrial-market-is-primed-for-a-surge/ Mon, 06 Jul 2026 11:46:00 +0000 https://rebusinessonline.com/?p=460360 When it comes to the Florida commercial real estate market, the conversation typically gravitates toward the larger metro areas. However, for those of us on the ground, it’s clear that Southwest Florida is becoming a key player in the state, particularly for industrial users.  By nearly every measurable standard — population growth, job creation and infrastructure investment — Southwest Florida continues to outperform much of the United States. Industrial users and investors have taken notice, and so far in 2026, leasing activity has already outpaced all quarters in 2025. According to the latest Colliers market report, the market has absorbed 115,777 square feet of flex and industrial space in the first quarter alone, compared to fourth-quarter 2025 which saw (-189,303 square feet) of negative absorption.  This is due to pent-up demand from users taking a cautious “wait-and-see” approach last year. And while the factors preventing them from making decisions in 2025 still exist, the sheer necessity of a physical presence in the area has finally outweighed the perceived risks.  ‘Supply reset’ On paper, the data might give pause. Overall vacancy in Southwest Florida rose to 9.7 percent in first-quarter 2026, a sharp departure from the 7.2 percent we saw just…

The post Southwest Florida’s Industrial Market Is Primed for a Surge appeared first on REBusinessOnline.

]]>
Downtown Chicago’s Office Market Shows Cautious Momentum https://rebusinessonline.com/downtown-chicagos-office-market-shows-cautious-momentum/ Thu, 02 Jul 2026 12:30:00 +0000 https://rebusinessonline.com/?p=459301 By Ben Azulay, Bradford Allen Downtown Chicago’s office market is entering a period defined less by the disruptions of recent years and more by the opportunities taking shape in their wake. Tenants are committing or recommitting to quality space, investors are acquiring assets at more compelling valuations and office-to-residential conversions are removing obsolete supply. Leasing activity pulled back in the first quarter of 2026, with approximately 1.6 million square feet of direct deals completed, according to Bradford Allen’s first-quarter downtown Chicago office market report. That is down from just over 2 million square feet in fourth-quarter 2025.  Several notable transactions reflect a market increasingly defined by location and building quality. Global food brand Mars Snacking made the quarter’s most significant commitment, signing a new 169,816-square-foot headquarters lease at Fulton Labs, 400 N. Aberdeen St. in Fulton Market, while also absorbing the 37,672-square-foot former Kellanova space in River North as part of a broader expansion that will bring more than 600 new jobs and $100 million in investment to the city.  In its second expansion in the building in four years, IMC Financial Markets leased an additional 104,000 square feet at Willis Tower, bringing its total footprint there to approximately 250,000…

The post Downtown Chicago’s Office Market Shows Cautious Momentum appeared first on REBusinessOnline.

]]>
Restoring An Industrial Core The Nonprofit Way: What Buffalo’s Northland Corridor Can Teach Other Cities https://rebusinessonline.com/restoring-an-industrial-core-the-nonprofit-way-what-buffalos-northland-corridor-can-teach-other-cities/ Wed, 01 Jul 2026 11:54:00 +0000 https://rebusinessonline.com/?p=459579 By Rebecca Gandour, executive vice president, Buffalo Urban Development Corp. America’s economic engine was once largely fueled by its industrial might, with manufacturing powerhouses found throughout the Midwest and Northeast producing billions of dollars worth of goods. But when factories closed and production moved overseas, many communities were left staring at empty buildings, foreclosed homes and decaying public infrastructure. By losing massive employment anchors, neighborhoods were unable to attract private investments, with developers hesitant to invest in communities that did not provide a clear route to profit. As hesitancy began, the situation grew worse, eroding confidence even further. Unable to fully rely on traditional real estate developers, Buffalo has found opportunities to embrace a nonprofit-led redevelopment for restoring long-overlooked industrial assets and creating conditions where future private investment becomes possible. The Northland Corridor on Buffalo’s East Side in particular demonstrates what can happen when a mission-driven organization is given the flexibility to think long term, assemble funding and prioritize community outcomes to provide financial stability and opportunity. Private developers serve an essential role in urban revitalization, but they also operate under a model that prioritizes profitability and providing returns for investors. In distressed markets, where redevelopment may provide limited promise…

The post Restoring An Industrial Core The Nonprofit Way: What Buffalo’s Northland Corridor Can Teach Other Cities appeared first on REBusinessOnline.

]]>
InterFace Panel: As Costs Rise, Houston Multifamily Developers Turn to Modular Solutions, New Technology  https://rebusinessonline.com/interface-panel-as-costs-rise-houston-multifamily-developers-turn-to-modular-solutions-new-technology/ Tue, 30 Jun 2026 11:54:00 +0000 https://rebusinessonline.com/?p=459988 By Matthew Auchincloss With prices of construction materials perpetually up across the board and labor shortages persisting, multifamily developers have long been searching for new ways to improve efficiency both in pre-planning and in actual construction. That’s unlikely to change any time soon. But the quest for elevated efficiency has recently taken a number of different forms, according to Nikolas Fowler, a multifamily project executive at Birmingham, Ala.-based general contractor Hoar Construction. “What you’re starting to see is more use of off-site construction, whether it’s traditional volumetric modular or panelized or bathroom pods or some of the other things that are out there today,” says Fowler. “As more and more people realize the advantages of those systems and we have more and more challenges with labor, you’re going to continue to see people looking for new innovative ways to make those projects pencil out.” Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. Construction is historically not a very innovative industry. According to research from McKinsey, construction is the second-least digitally updated industry for the modern era; the first is agriculture and hunting.  “One didn’t change for thousands of years, the other didn’t…

The post InterFace Panel: As Costs Rise, Houston Multifamily Developers Turn to Modular Solutions, New Technology  appeared first on REBusinessOnline.

]]>
Miami’s Office Market Has Moved Beyond the Migration Narrative https://rebusinessonline.com/miamis-office-market-has-moved-beyond-the-migration-narrative/ Mon, 29 Jun 2026 11:45:00 +0000 https://rebusinessonline.com/?p=459820 Miami’s office market is no longer defined by migration alone. What is driving performance today is expansion, constrained supply and long-term corporate commitments that continue to support growth, even as many U.S. office markets navigate ongoing uncertainty. At its core, this cycle is defined by the imbalance between rising demand for space and the limited availability of high-quality office product. Companies are not only maintaining a presence in Miami, but they are scaling, and that expansion is increasingly shaping the direction of the market. That dynamic has been evident over the past five years and continued in the first quarter. Leasing activity has settled in above pre-2020 levels and the Miami-Dade County office market continues to record positive absorption. With 89,000 square feet of positive absorption this quarter, the Miami-Dade office market has absorbed approximately 3.4 million square feet since the start of 2021.  That strong demand has pushed asking rents to $66.30 per square foot, up 10.6 percent year-over-year, and 53 percent since first-quarter 2021. The market also continued to attract institutional attention, underscored by Palantir’s decision to establish its headquarters in Miami. Underlying these numbers is a structural advantage that continues to set Miami apart: utilization. The city…

The post Miami’s Office Market Has Moved Beyond the Migration Narrative appeared first on REBusinessOnline.

]]>
Las Vegas’ Retail Market Holds Firm as Growth Moderates https://rebusinessonline.com/las-vegas-retail-market-holds-firm-as-growth-moderates/ Fri, 26 Jun 2026 12:00:00 +0000 https://rebusinessonline.com/?p=459283 — By Hillary Steinberg of Avison Young — The Las Vegas retail market delivered a mixed but resilient performance in 2025, with vacancy remaining tight and demand holding steady. Vacancy closed the year at 5.6 percent with nearly 5.6 million square feet of available space. While these fundamentals reflect a healthy market, rent growth softened, increasing by just 2.4 percent year over year. At the same time, development activity remains robust, with roughly 880,000 square feet of retail space currently under construction. New projects continue to emphasize mixed-use and experiential concepts, positioning the market to capture sidelined capital and evolving consumer demand in the year ahead. Vacancy held steady at 5.6 percent in fourth-quarter 2025, supported by sustained population growth, a continued rebound in tourism and stable consumer spending. This momentum is being reinforced by Las Vegas’ economic diversification, which continues to fuel expansion across food, wellness and entertainment retail segments. Although rent growth has moderated from its 2022 peak, leasing fundamentals remain strong. Limited availability continues to favor landlords, who are maintaining pricing power and offering minimal concessions. However, rising construction and tenant improvement costs are placing upward pressure on deal economics. With inventory across Las Vegas, North Las…

The post Las Vegas’ Retail Market Holds Firm as Growth Moderates appeared first on REBusinessOnline.

]]>
Southeastern Wisconsin Industrial Market Finds its Footing in 2026 https://rebusinessonline.com/southeastern-wisconsin-industrial-market-finds-its-footing-in-early-2026/ Thu, 25 Jun 2026 12:30:00 +0000 https://rebusinessonline.com/?p=455560 By Jim Larkin, Kyle Fink and Dylan Brown, Colliers After several years of outsized growth, southeastern Wisconsin’s industrial market entered a more balanced phase to begin 2026. While headline metrics such as vacancy and absorption have shifted from their pandemic-era peaks, the underlying fundamentals remain intact. Based on what we are experiencing across active deals and client conversations, this is less of a slowdown and more of a recalibration, one that ultimately supports long-term stability across the region. After many years on an unprecedented pace, the market is settling down into a more disciplined environment where decisions are more thoughtful, and fundamentals are driving activity again. From our perspective, that’s a positive shift that positions southeastern Wisconsin for long-term stability. Year-end 2025 data points to a market that is adjusting, not retreating. Vacancy rates increased modestly, rising to approximately 7.8 percent across southeastern Wisconsin. At first glance, that shift may appear significant given how tight conditions had become. This shift is largely driven by new big box supply entering the market rather than weakening demand. With more than 3 million square feet delivered in 2025 — most started during peak market conditions — an increase in vacancy is a natural…

The post Southeastern Wisconsin Industrial Market Finds its Footing in 2026 appeared first on REBusinessOnline.

]]>
Atlanta Multifamily: Liquidity Is Back, And the Supply Squeeze Is Next https://rebusinessonline.com/atlanta-multifamily-liquidity-is-back-and-the-supply-squeeze-is-next/ Mon, 22 Jun 2026 11:42:00 +0000 https://rebusinessonline.com/?p=459418 Twenty-two apartment properties traded in metro Atlanta during the first quarter of 2026 for just over $1 billion, nearly double the $528 million that traded across 15 deals in first-quarter 2025. Our team’s current offerings are seeing tour volume of 30 to 40 prospects, which is up 20 percent from a couple years ago. We are also seeing 20 or more offers per property, and the quality of buyer has greatly improved — capital has stopped waiting for clarity and started competing for product. Liquidity rebounded in the Atlanta apartment market in 2025, and the supply-demand setup heading into 2027 is the reason institutional and private capital is moving now rather than later. Let’s start with the rebound. Across 2025, transaction count rose 31 percent, total dollar volume increased 18 percent and average cap rates tightened roughly 16 basis points. Buyers paid up for better-located, higher-quality assets and stayed disciplined on legacy unit-count metrics. The bid-ask gap that froze 2023 and most of 2024 finally closed, but on terms that rewarded specificity rather than just appetite. Sellers, for their part, have moved into a more pragmatic posture. A meaningful share of 2026 activity reflects fund-life timing decisions — sponsors that…

The post Atlanta Multifamily: Liquidity Is Back, And the Supply Squeeze Is Next appeared first on REBusinessOnline.

]]>