Commercial Real Estate & Business News – February 4, 2025

The General Services Administration (GSA), which oversees the federal government’s roughly 360 million-square-foot portfolio, could be a target of the cost-reduction efforts led by President Donald Trump’s newly formed Department of Government Efficiency. This includes real estate that’s leased and…»

Many in CRE have been predicting market recoveries are just around the corner since at least 2022. According to analysis out of CoStar Group, there are signs that things may be improving on a fundamental level. However, it will take time and there is the possibility that economic developments in…»

A recent survey of commercial real estate investors ranked Phoenix as a top 10 target among U.S. metros. Phoenix slipped three spots to #10 in CBRE’s 2025 U.S. Investor Intentions Survey. Investors are strategically focusing on gateway markets offering discounts and high-growth Sun Belt…»

U.S. commercial real estate sales prices improved in the fourth quarter for large-dollar deals in major markets. While the results weren’t unanimous for small-dollar deals in secondary markets, prices in this category stabilized or slowed their decline, according to the December CoStar Commercial Repeat…»

Fourth-quarter multifamily net absorption reached record levels, closing the year with the absorption of 183,600 units, a 13% quarter-over-quarter increase and a 118% year-over-year increase, according to CBRE’s Q4 report of the asset class. Annual net absorption stood at 530,600 units…»