Globest Sectors

Net absorption has turned sharply negative in the suburbs.

Prices for struggling offices would have to drop almost 50% to make conversion economically viable.

The AIMI ended up higher for the full year 2023 -- even though it dropped in 4Q 2023

It has recovered jobs lost since the pandemic and 22.4% of the population is between 20 and 34 years old.

Shipping and freight insurance costs are rising significantly and US manufacturers are pivoting to be more local.

The change involves a broader and more expansive view of the asset class.

City controller's analysis doubts exemption from transfer tax will improve feasibility.

The mixed use tower is 50% pre-leased prior to breaking ground.