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Gradually, vacancy rates are beginning to recede in most U.S. office space markets. Our latest analysis shows that the n...
01/26/2026

Gradually, vacancy rates are beginning to recede in most U.S. office space markets. Our latest analysis shows that the national vacancy rate has dropped by 150 basis points since peaking in March last year.

Vacancies in several markets peaked in late 2023 or early 2024, with some seeing vacancy rate decreases as significant as 300+ basis points since. Find out more in our complete January office report:

Insights on office investment, leasing, vacancy, and construction across the largest office markets in the U.S. in December 2025.

2025 cemented itself as a transitional year for industrial real estate, with tariff-driven volatility and manufacturing ...
01/09/2026

2025 cemented itself as a transitional year for industrial real estate, with tariff-driven volatility and manufacturing shifts defining the sector. Read more:

Smaller industrial facilities are seeing enduring demand despite the hurdles of infill site development, with larger industrial real estate properties falling behind in development.

Tighter lending standards are leading to a new paradigm in the U.S. startup scene: new companies must now rely more heav...
12/16/2025

Tighter lending standards are leading to a new paradigm in the U.S. startup scene: new companies must now rely more heavily on the strength of their local ecosystems. Here are the best U.S. cities when it comes to supporting the most robust startup ecosystems in this new reality:

The map of the startup ecosystem is currently being redrawn as both investors and founders are adapting to a new economic reality — one that’s unlikely to sustain previous levels of funding.

So far in 2025, 340 industrial facilities smaller than 100,000 square feet broke ground across the U.S., rising by 16% c...
12/03/2025

So far in 2025, 340 industrial facilities smaller than 100,000 square feet broke ground across the U.S., rising by 16% compared to the same period in 2024 and not far behind the 397 properties from the same period of 2022.

For comparison, construction of large facilities almost halved between 2024 and 2025.

Smaller industrial properties are showing great resilience thanks to last-mile logistics demand and a pivot towards flexibility in the industry.

Smaller industrial facilities are seeing enduring demand despite the hurdles of infill site development, with larger industrial real estate properties falling behind in development.

Recovery in the office sector continues to be uneven and defined by flight to quality. Insurance company Zurich North Am...
11/17/2025

Recovery in the office sector continues to be uneven and defined by flight to quality. Insurance company Zurich North America announced relocation plans from its current headquarters at 300 S. Riverside Plaza in the West Loop to a 52,000-square-foot space in the Willis Tower.

The move will effectively halve the firm's office footprint in Chicago compared to the 107,000 square feet that it has occupied for the last 12 years.

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Zurich North America signed a 52,000-square-foot lease at the iconic Willis Tower, a move that effectively halves its office space in Chicago.

Communications and consulting firm FGS Global has recently committed to a 15-year lease at Penn 2, planning to relocate ...
11/12/2025

Communications and consulting firm FGS Global has recently committed to a 15-year lease at Penn 2, planning to relocate its operations from Midtown East to the Hudson Yards area.

The 31-story tower was initially built in 1968, being recently renovated by owner Vornado Realty Trust. The property is now approximately 70% occupied following FGS's signing in addition to a 200,000-square-foot lease by Verizon signed last summer.

FGS Global committed to a 15-year lease for 80,000 square feet at Penn 2, Vornado Realty Trust’s newly redeveloped Penn 2 office tower.

Based on our latest data, 2025's third quarter kicked off with year-to-date sales exceeding those at the same point in 2...
11/06/2025

Based on our latest data, 2025's third quarter kicked off with year-to-date sales exceeding those at the same point in 2022. With new construction starts also expected to overtake those in recent years, there may be room for some optimism in the office sector — particularly for brand new, best-in-class properties. Read more in our latest office report:

Am optimistic look at key trends across the largest office markets in the U.S. for office investment, construction, vacancy, and leasing.

Cities that provide Generation Z with the urban amenities, affordability and community spirit that they seek stand to be...
10/29/2025

Cities that provide Generation Z with the urban amenities, affordability and community spirit that they seek stand to benefit from the nation's newest cohort of professionals and taxpayers. Check out Commercial Construction & Renovation's coverage of our latest ranking of the best cities for Gen Z in 2025 and beyond:

According to a recent Corebridge Financial survey, nearly 80% of Gen Zers — those now between 13 and 28 years old — say they are already serious about their

Despite the naysayers, Gen Zers are proving themselves to be financially astute, community-oriented and cost-conscious. ...
10/13/2025

Despite the naysayers, Gen Zers are proving themselves to be financially astute, community-oriented and cost-conscious. Cities that attract them with affordability, lifestyle amenities and community spirit stand to benefit from their digital-readiness and the income they will bring as more members of the generation turn into taxpayers.

Starting with , and , here are the best cities for Gen Z to thrive in:

As more Gen Zers turn from high schoolers to taxpayers, which are the best places for Gen Z to settle down, find jobs and engage in communities?

When a city successfully fosters a significant concentration of skilled professionals and couples this with the infrastr...
10/03/2025

When a city successfully fosters a significant concentration of skilled professionals and couples this with the infrastructure to develop and employ top talent, it creates a powerful engine for economic growth and innovation.

With that in mind, we set out to rank the U.S. Northeast's top innovation hubs based on their innovation ecosystems and STEM talent.

Here are the top 20 most talent-dense innovation hubs in the West, ranked by 15 metrics that look at the business environment, education and employment.

SL Green Realty is behind  's latest high-profile   acquisition. The REIT — Manhattan's biggest office landlord — agreed...
09/10/2025

SL Green Realty is behind 's latest high-profile acquisition. The REIT — Manhattan's biggest office landlord — agreed to purchase two properties in Midtown East, in close proximity to One Vanderbilt and Bryant Park.

SL Green now plans to redevelop the two properties into a project totaling 800,000 square feet, enabled by the rezoning of the blocks surrounding Grand Central Terminal.

Manhattan’s largest office landlord, SL Green Realty, has agreed to acquire two new properties in a $160 million deal. The transaction for 346 Madison...

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