Globest Sectors

Some 45,014 square feet of product was positively absorbed in the first quarter.

Demand continues to outpace deliveries.

Demand for space remains sky-high, buoying fundamentals, Northmarq experts say.

Experts say it could reduce government backing, while increasing risk and mortgage rates.

Retailers adapt to new realities with flexible formats and strategic expansion.

Mechanical expenses have increased due to labor constraints and elevated material costs.

Brooklyn, Jersey City and Queens dominated RealPage’s recent list.

However, the company says, “There is still much work ahead.”