Developer discipline will help usher in the office recovery
Over the next two years, office completions are expected to exceed the previous two years’ levels in 12 markets—or 19% of the office markets CBRE EA tracks.
In this map, we apply the DBSCAN algorithm to the Philadelphia County submarket to define clusters of retail buildings based on minimum grouping size and maximum distance parameters.
Retail Rents Outperform in Prime Business and Vibrant Mixed-Use Districts
The availability rate in U.S. downtown markets was 88 basis points higher than the suburban rate in Q3 2024, the largest spread since CBRE EA began collecting retail data in the early 2000s.
Infrastructure has become a critical focus as asset managers look for new sources of cash flow and governments tap financial partners to help shoulder the cost of public services.