In this episode of the Common Area Podcast, David Bodamer shares highlights from NREI's Midyear Market Trends and Outlook supplement and CBRE's Midyear Market report.
While office occupiers are still trying to determine their next move, the industrial sector continues to be the most resilient area of commercial real estate.
Rental inventory in Manhattan is surging, and the number of lease signings is plummeting, but that’s not stopping a new “starchitect”-designed rental building in East Harlem from opening in September.
Marriott posts a quarterly loss due to decreased travel, according to the Wall Street Journal. J. Crew renegotiates its store leases with landlords across the U.S., saving around $130 million in rent, reports Real Estate Weekly. These are among today’s must reads from around the commercial real estate industry.