Commercial Real Estate & Business News – May 24, 2022

Optimism Running High, ICSC Las Vegas Opens Its Doors

LAS VEGAS—Welcome to ICSC Las Vegas! is in attendance along with many others, who exclusively tell us that optimism is in the air. Optimism in the industry remains high. US consumers are still in…»

Sales Per Square Foot for Most Retail Categories Surpass Pre-Pandemic Levels


In another sign of the strength of the U.S. consumer and the resiliency of brick-and-mortar retail, in-store retail sales per square foot rose to records across most major categories in the first quarter, according to data compiled by Datex Property Solutions and reported by…»

Apartment and Condo Developers Sour on Future State of Industry, New Index Shows



Apartment and condominium developers have soured on future prospects, a sentiment that could slow construction activity in a few months. The National Home Builders Association’s quarterly index measuring developer sentiment fell…»

Metro Phoenix Median Rent Price Hits a Record $1,915

New data indicates that rental competition remained relentless in April, as the U.S. median rental price hit a new high ($1,827) for the 14th month in a row, according to the Monthly Rental Report released today. These trends spotlight the…»

What ICSC Attendees Want To Do Most

With ICSC Las Vegas now underway, attendees can finally put into action what they have been hoping to do the most at this year’s show. For many, if not most, attendees that means face-to-face contact. We’ve been asking attendees for weeks what they are most looking forward to…»