Mateusz Wnek is an Associate Director of Market Analytics for CoStar Group where he covers the Northern New Jersey market. He uses real estate and economic data to identify key insights and develop meaningful narratives for the major asset groups: in...
Mateusz Wnek is an Associate Director of Market Analytics for CoStar Group where he covers the Northern New Jersey market. He uses real estate and economic data to identify key insights and develop meaningful narratives for the major asset groups: industrial, multi-family, office, and retail. Prior to joining the CoStar Market Analytics group, he worked at CBRE on a consulting team where he utilized advanced analytical techniques to support strategic initiatives. Wnek holds a bachelor’s degree in Economics from Rider University and a master’s degree in Real Estate Finance from New York University.
CoStar’s Base Case forecast shows rent growth in Michigan's Grand Rapids metropolitan area slowing to 1.9% by the end of the fourth quarter — marking the first time it’s dipped below 2% since ...
Industrial development across New Jersey had slowed for six straight quarters before posting an uptick early in the fourth quarter. Meanwhile, preleasing activity is far below peak pandemic levels, ...
Southfield, Michigan, is home to nearly 8.1 million square feet of high-quality office space, making it the second-largest concentration of four- and five-star buildings in the Detroit metropolitan ...
Retail owners across New Jersey have recently enjoyed a healthy balance between supply and demand, supported by a persistent lack of new construction and resilient consumer spending.
The U.S. subsidiary of Germany’s largest defense company, Düsseldorf-based Rheinmetall AG, is investing $31.7 million in Michigan, creating 450 jobs and expanding its U.S. footprint.
Office owners across New Jersey have spent much of the past decade offloading underperforming assets to developers, calculating that spending renovation dollars would not meaningfully improve ...
As home values across Bergen County, New Jersey, march relentlessly higher, a typical mortgage payment becomes increasingly out of reach for many households. That leaves renting as the only viable ...
Following a jolt of move-out activity early in 2025, the Grand Rapids industrial market has continued to see move-outs outpace move-ins, pacing the year for the weakest annual demand reading since ...
A glut of newly completed big-box industrial space across Northern New Jersey appears to be easing, according to CoStar’s preliminary leasing figures for the second quarter of 2025.
Renter demand across the Detroit metropolitan area is expected to outpace new supply by roughly 120 units this year, representing the smallest delta between the two measures since 2014.
Investment activity across the Detroit metropolitan area totaled just $443 million in the second quarter, marking the second straight period of declining activity and the lowest quarterly tally since ...
Medical office investors were active in the first half of 2025, with $75.8 million changing hands through June. The second quarter was particularly busy for dealmaking as 25 transactions closed, ...
Heading into late July, the Northern New Jersey metropolitan area’s office availability rate is at 15.4%, a 55 basis point year-over-year decline to the lowest level since late 2020.
The Detroit metropolitan area has seen annual industrial space demand reach negative 3.2 million square feet for three straight quarters, the weakest stretch since 2010. Widespread move-outs in Wayne ...
Multifamily investors went on a buying spree in the first six months of 2025, purchasing $1.7 billion in apartment properties across the Garden State. That’s the highest first-half tally since 2022, ...
The amount of available industrial space across Long Island’s Nassau and Suffolk counties totals 13.8 million square feet heading into the third quarter of 2025. That’s approximately 500,000 square ...
Approaching the halfway point of 2025, Grand Rapids’ multifamily owners are enjoying the widest gap between renter demand and new supply since early 2022.
When it comes to industrial rents, some markets like Atlanta, Boston and Memphis, Tennessee, may see deceleration, while those including Northern New Jersey and St. Louis could hold steady compared ...