07.08.2024
Industrial Absorption Doubles As Vacancy Ticks Higher
Absorption of industrial property doubled in 2Q2024, even though the industrial vacancy rate rose to 6.1%, exceeding 6% for the first time in nine years. The market's absorption of 46.3 million SF reflected healthy market…
Read More07.08.2024
More Warehouse Operations Adopt AI-Enabled Vision Systems
Gartner recently predicted that by 2027, half of companies with warehouse operations will replace traditional scanning-based counting with artificial intelligence-enabled vision systems. These new systems will use 3D cameras, computer vision software, AI-powered pattern recognition,…
Read More07.08.2024
Recent Sales Volumes Signal Strengthening Market for Some Sectors
Although May sales volume totals remained low, portfolio activity along with properties on the market indicate stronger months could be coming. After single-digit, year-over-year declines in March and April, volume was down 38% in May,…
Read More07.05.2024
Foot Traffic Keeps Retail Market Moving
Retail property owners looking for tenants are in a favorable position, with widespread demand for space driven by low vacancy and limited construction. The retail sector is performing strongly as consumer resiliency and a strong…
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