Like people and jobs, Dallas’s retail space marches north

Jul 19, 2023, 10:31 AM by Matt Mowell

In the 1990s, when regional malls held sway in American culture, the mega-sized Galleria and NorthPark Center were prominent features of Dallas’s retail landscape. Fast forward 20-30 years, and retail real estate has followed Dallas’s explosive population growth northward.
Suburban shopping is hip again

Jul 12, 2023, 14:40 PM by Matt Mowell

For the first time since 2006 the retail availability rate across America’s central business districts (CBD) today is higher than in the suburbs. Chalk it up to another enduring effect of the rise of remote work.
Multifamily vacancy poised to rise in all major markets

Jun 21, 2023, 12:05 PM by Dennis Schoenmaker

Multifamily vacancy rates, currently hovering near pre-COVID levels, are poised to increase. A moderate recession—which we believe will begin later this year—will temper household formation and lead to higher vacancy in every major market.
Industrial stock clustered around highway ramps in major logistics hubs

Jun 21, 2023, 08:41 AM by Matt Mowell

It is widely believed that Industrial real estate clusters along highways. We analyzed metro Atlanta, an important logistics hub serviced by multiple interstates and state highways, to test this hypothesis.
REIT valuations signal lower private asset values ahead

Jun 13, 2023, 14:37 PM by Matt Mowell

Transaction activity is down due to wide bid-ask spreads. Meanwhile, REIT implied cap rates have increased sharply, particularly for office space, as manifested in significant discounts to NAV. But a few distressed office asset sales suggest that REITs are on to something, and private-market devaluation will catch up soon.
The 1990s offer solace from today’s office pains

Jun 7, 2023, 09:15 AM by Matt Mowell

The office market has been on its back before. Past experience tells us the preconditions to recovery include a throttling back of the new supply pipeline and painful distress sales that provide necessary price signals.
In-migration resumes in some urban centers

Jun 1, 2023, 14:33 PM by Matt Mowell

Migration—both domestic and international—is the most important factor influencing population change within American communities. New Census Bureau data shows how migration has impacted population change in U.S. counties.
Don't fret the uptick in industrial availability just yet

May 24, 2023, 11:33 AM by Matt Mowell

The industrial sector saw a 70-basis-point increase in availability in the first quarter. Nevertheless, availability should remain below historic norms for the foreseeable future, a fact that distinguishes industrial from most other property types.
Southern California’s outlier markets may provide industrial investment opportunity

May 11, 2023, 09:32 AM by Matt Mowell

Is every real estate deal unique? Or does each deal provide a point in a broader spatial pattern? To answer these questions, CBRE Econometric Advisors (CBRE EA) mapped all the industrial property sales in Southern California over the past two years and then applied geospatial analytics to identify trading patterns.
Performance of REITs and Private CRE is Best Correlated Over Longer Holding Periods

May 10, 2023, 11:20 AM by Matt Mowell

Many multi-asset investors use real estate investment trusts (REITs) to gain or supplement their exposure to property without purchasing the underlying asset. However, over short time-horizons REITs can often mirror the volatility of the broader securities market rather than the steadier, income-driven performance of private equity real estate.

Topics

Authors

What's Next?

Watch Now: 2024 Outlook Webinar

Access the recording of our latest quarterly webinar held Thursday, December 14.

Locator DataViews Training Guide

Interested in learning more about our Locator tool? Access the training guide and learn how to best leverage the tool.

DOWNLOAD GUIDE

CBRE Insights & Research

The places in which we live, work and invest will continue to change and adapt to technology, demographics and human expectations at an accelerated rate.

EXPLORE