Gard Pecor

For the third year in a row, multifamily vacancy rates crept higher in Des Moines as an increase in supply coincided with the lowest demand period in over a decade.

In recent years, an increase in speculative developments and a surge in manufacturing plant closures have pushed industrial availability rates higher in Milwaukee.

Available retail space in Milwaukee, particularly for smaller retailers, is becoming increasingly scarce.

With just under 5,900 units built between 2023 and 2024, this marks the strongest two-year period for new supply in Milwaukee since 5,700 units were built between 2017 and 2018.

Vacancy rates have surged in Des Moines over the past few years as the strongest supply wave since 2018 has been met with comparatively muted demand levels.

Following three years of suppressed construction levels and some of the lowest-trending vacancy rates in the country, multifamily developers returned with force in 2024, pushing annual supply totals ...

Nearing the end of the year, two Northeastern markets stand well ahead of their peers for the pace of multifamily rent growth increases.

According to the latest preliminary data from the Bureau of Labor Statistics, metropolitan Madison's labor force continued to contract in October from its August peak, bringing seasonally adjusted ...

According to the latest preliminary data from the Bureau of Labor Statistics, metropolitan Des Moines' labor market continued to contract in October, bringing seasonally adjusted payrolls to 392,400.

According to the latest preliminary data from the Bureau of Labor Statistics, metropolitan Milwaukee's labor market continued to contract in October, bringing seasonally adjusted payrolls to 854,400 ...

As office-using companies adjust their footprints in response to the increased prevalence of hybrid work schedules and the overarching need for higher-quality space to help attract and retain talent, ...

In addition to stunting new retail construction in Milwaukee over the past few years, rising construction costs and uncertainty in the retail sector have also affected a once prevalent aspect of the ...

Heading into the final month of the year, industrial rents continue to climb at elevated levels in Milwaukee.

The U.S. multifamily sector has seen record construction levels in recent years, with 600,000 units delivered in 2023 and an estimated 680,000 units forecast to be completed by the end of 2024 – well ...

Heading into the fourth quarter, the recent multifamily supply wave in Des Moines, Iowa, has all but faded.

Heading into the final stretch of the year, multifamily construction trends are pointing to the end of a record-breaking supply wave in Hartford, Connecticut.

Over the years, property owners in Milwaukee have pursued office renovations to attract and retain tenants as flight-to-quality trends have greatly impacted the types of spaces office users are ...

Although rent growth across property sectors in Milwaukee has largely outperformed historical averages in recent years, a different story emerges when comparing rent growth to the pace of inflation.

Microsoft continues to expand its real estate holdings in the village of Mount Pleasant, Wisconsin, as its original plans for a data center campus have significantly grown in scope and scale.

Across Milwaukee’s office market, occupancy levels have been on the decline. Nearing the end of the third quarter, Milwaukee’s occupancy rate fell to just 88.7%, the lowest since 2011.