Insights
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3Q24 | Shopping Centers Market Report | Miami, FL
Miami Shopping Centers Market Report Miami Retail Market Overview The influx of high-net-worth individuals and recovering international travel are boosting Miami’s resident and tourism spending. However, a lack of available retail space is slowing leasing activity, with 2.7 million SF leased in the past year, down from 3.5 million SF in late 2021. The availability […]
3Q24 | Multifamily Market Report | Dallas, TX
Dallas Multifamily Update DFW By the Numbers Asking Rent Growth: -1.3% Vacancy: 10.8% Deliveries for 2024: 38K Units Last 12 Months | Source: CoStar Group The Dallas multifamily market continues to demonstrate remarkable resilience and growth, making it one of the most dynamic apartment markets in the nation. With strong demand drivers and a significant […]
3Q24 | Industrial Market Report | South Texas
South Texas Industrial Market Report Laredo Market Overview The industrial segment in Laredo is notable for its access to international markets. It is positioned along the Pan-American Highway that begins in Panama and goes up to Canada. Laredo is also a port of entry between the U.S. and Mexico. The market’s strong position allows the […]
3Q24 | Hospitality Market Report | Tennessee
Tennessee Hospitality Market Report Nashville | Economy and Midscale Performance Overview Economy Inventory Rooms: 8,278 Under Construction: 126 Occupancy: 57.23% ADR: $70.23 RevPAR: $40.19 Price/Room: $55.4K Market Cap Rate: 9.61% Midscale Inventory Rooms: 6,971 Under Construction: 632 Occupancy: 65.84% ADR: $103.93 RevPAR: $68.42 Price/Room: $74.9K Market Cap Rate: 9.29% Last 12 months | Source: CoStar […]
3Q24 | Hospitality Market Report | Tampa, FL
Tampa Hospitality Market Report Tampa Market Overview The Tampa hospitality market has experienced a decline in RevPAR, driven by decreased demand and inventory growth, alongside a decrease in sales from higher rates and strict lending standards. Despite these challenges, growth from Tampa’s key demand generators, including city-wide conventions, passenger traffic, and sporting events, will partly […]
3Q24 | Industrial Market Report | Northwest Houston, TX
Northwest Houston Industrial Market Report Houston Northwest Inner Loop Submarket Overview The Northwest Inner Loop submarket is the second-largest industrial submarket in Houston. It has 63.7 million square feet of space, and has a strong location near the 610 Loop area. The location also contributes to the logistics presence here. Several manufacturers serve the industries […]
Rethinking the Drugstore Model
Top Three Trends Facing Drugstores Pharmacy on Demand For decades, chain drugstores thrived, expanding their reach and capturing a dominant share of the market. But the past four years have seen a shift. Facing a new online reality and competition from e-commerce giants like Amazon, Costco, and Mark Cuban’s Cost-Plus Drugs, chain drugstores have entered […]
3Q24 | Multi-Tenant Retail Market Report | Northern California
Northern California Multi-Tenant Market Report San Francisco Market Overview San Francisco was largely affected by people leaving the metro when COVID-19 began. Specifically, the Downtown area noted large losses as tech companies relocated to other parts of the metro. While Downtown San Francisco once noted the most retail performance, outer areas now note increases in […]
3Q24 | Multi-Tenant Retail Market Report | Broward County, FL
Broward County Multi-Tenant Retail Market Report Market Performance The Broward County market remains strong as demand continues to outweigh supply for retail space, driven by sustained migration to south Florida. In 2023, the Miami-Fort Lauderdale-Palm Beach metro area became the 10th largest growing metro area in the country, with employment rapidly growing as companies relocate […]