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September 17, 2025
Northern Arizona hospitality feels pinch of Canadian travel decline, wildfires and shift to upscale hotels
Recent performance in Northern Arizona’s hospitality market is shaped by a pronounced decline in Canadian inbound travel, the disruptive impact of the North Rim fire and the region’s distinctive hotel inventory mix.
September 17, 2025
When it comes to securing more space, retailers keep their foot on the gas
Retailers are navigating a complex landscape marked by rising costs from elevated tariffs as increasingly cautious consumers pull back on spending. However, retailers also keep leasing space at a torrid pace, underscoring the strategic importance of securing desired locations in a supply-constrained environment.
September 17, 2025
U.S. hotel market shows mixed results as occupancy and average daily rate trends differ
Through July 2025, the U.S. hospitality sector is defined by pronounced divergence in market performance. Out of 172 markets tracked by STR, 87 have posted year-over-year declines in occupancy, highlighting a landscape where larger U.S. economic volatility and local dynamics are shaping outcomes more than ever.
September 17, 2025
Inland Empire retail rents stagnate amid rising availability
Retail commercial real estate investors in the Inland Empire are easing rent increases in response to weaker tenant demand. As space availability has risen to a four-year high, rent growth has dissolved. The market average asking rents for available space across retail building subtypes, from strip centers to malls, is flat year over year and heading into negative territory. Annual rent growth peaked at over 5% in 2022 and has dissipated since then.
September 17, 2025
Indianapolis payrolls see largest gain since late 2024
The Indianapolis labor market improved over the past year, according to the latest Bureau of Labor Statistics data. Nonfarm payrolls increased by 13,900 jobs in July compared to last year, the largest annual increase since December of last year.
September 17, 2025
Consumers grow more concerned about jobs than inflation
A weakening labor market is making consumers increasingly worried about their continued employment prospects, while higher prices are making it more difficult for some to make ends meet, adding to crumbling sentiment and threatening their ability to weather leaner times.
September 17, 2025
Portland, Oregon, office tenants slow expansion rates heading into late 2025
Over the past year, inventory growth in Portland’s office market has been nonexistent. That said, while oversupply risk remains minimal in the near term, tenants continue to be cautious about space expansions.
September 17, 2025
Why it's taking longer to build new office space
The time required to bring new office space to the market has increased dramatically in the U.S. in recent years, with both construction periods and project delays rising sharply since the onset of the pandemic. This trend is especially pronounced for larger office properties, but smaller buildings have not been immune to the slowdown.
September 16, 2025
Eli Lilly picks Virginia for $5 billion manufacturing plant
Pharmaceutical giant Eli Lilly and Co. has selected Virginia for the site of a $5 billion manufacturing plant, the first of four new U.S. development sites it plans to announce as it looks to invest $50 billion to ramp up its domestic medicine production.
September 16, 2025
Income growth is up for Atlanta-area residents, and it's driving apartment demand
Household incomes in the Atlanta area are rising faster than apartment rents, and that is helping to fuel what is on pace to be a record-setting year for demand in the market.
September 16, 2025
Overall job growth holds steady in Twin Cities, but office-using sectors continue to languish
According to the most recent data from the Bureau of Labor Statistics, the Twin Cities labor market remains resilient but is showing signs of a late-cycle deceleration, with a clear shift in the growth mix. Total nonfarm payrolls increased by 15,900 jobs, or 0.8% year over year, in July, slightly below the U.S. average of 1%.
September 16, 2025
Luxury hotels impervious to slowing room rates in Washington, DC
This year, luxury hotels in Washington, D.C., demonstrated notable resilience compared with their nonluxury counterparts, outperforming in key metrics such as revenue per available room, or RevPAR, and average daily rate. This divergence is driven by a combination of consumer behavior and market dynamics.
September 16, 2025
Boise office tenants increase their rate of expansions heading into late 2025
Over the past few years, inventory growth in Boise, Idaho's office market has slowed dramatically. Tenants, meanwhile, continue to methodically expand their spaces, stabilizing the vacancy rate.
September 15, 2025
How the interplay between employment and attendance trends is shaping office demand
The latest data from the Bureau of Labor Statistics reveals a complex interaction between job growth and the ever-evolving return to in-office work. This interplay between job growth and office attendance trends could have profound implications for future demand for commercial office space.
September 15, 2025
Multifamily vacancies peak in San Antonio
With absorption outmatching the number of completed projects during the first half of the year, the San Antonio multifamily market might finally be turning a corner.
September 15, 2025
Office leasing activity in Milwaukee surpasses pre-pandemic levels
In the first half of the year, new leasing volume in Milwaukee’s office market surpassed pre-pandemic norms, outperforming the broader national market and many other major U.S. markets, including all in the Midwest.
September 15, 2025
Most large Northeast hotel markets performing well
Across the top 10 largest hotel markets in the Northeast, in terms of room inventory, most markets saw growth in revenue per available room, or RevPAR, through July.
September 15, 2025
The outlook is shifting for Dallas-Fort Worth's industrial employment
Earlier in April, it was reported that initial figures in the first quarter of the year were pointing to the industrial segment being a pocket of strength for Dallas-Fort Worth. Manufacturing, which had been in a national recession, was treading water, maintaining its employment figures and even seeing growth in 2024 and into the early months of the year.
September 15, 2025
Corporations in the Twin Cities dial up return-to-office mandates
After two years of stop-start experiments with hybrid work, the summer of 2025 proved decisive for return-to-office policies, particularly for big players in the Twin Cities office market.
September 15, 2025
Retailers in bankruptcy close West Coast distribution hubs
Myriad factors have impaired Los Angeles’ industrial tenant base in recent years. Higher interest rates and business costs, a slower pace of home sales and business inventory expansion, population loss and perhaps changes in U.S. tariff policy have all contributed to a contraction in occupancy.

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