Northeast

In discount grocer Grocery Outlet's quest to hit 1,100 stores, two factors loom large: population and competition.

A property management session at the GlobeSt. Multifamily Fall Conference on Monday examined how property owners have adapted to the changing landscape of property management and provided updates on new property classes and properties that are growing in popularity.

Vacancy rate dropped while net absorption and average asking rents rose.

During a View from the Top panel at the GlobeSt. Multifamily Conference on Monday, multifamily owners talk about challenges in remaining profitable today and the importance of flexibility.

Even the best office classes will take a big hit, investors say.

2024 could mark a turning point – with the possibility in a few years that demand for office space will exceed supply.