07.10.2024
New Metrics Define Office Success in Hybrid Work World
The shift to hybrid work is changing the underlying metrics companies are using to predict how much space they need, address costs and improve the workplace experience. Rather than focusing on how many people an…
Read More07.08.2024
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,…
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