R.W. Holmes Commercial Real Estate’s Post

Happy to share that our Q3 2024 Greater Boston Market Report is now available. It provides key insights into the latest trends in the commercial real estate market, and I hope you find the information valuable. If you have any questions or would like more details, feel free to reach out. #MarketReport #BostonCRE #RWHolmes #Q32024

Check out the latest Q3 2024 Greater Boston Market Report from R.W. Holmes. The report covers key trends and updates in the commercial real estate market. If you're interested in staying up-to-date or have any questions, don’t hesitate to reach out. #MarketReport #BostonCRE #RWHolmes #Q32024

Our Q3 2024 Greater Boston Market Report is now available! This report offers the most up-to-date insights into key suburban office and industrial markets across Greater Boston, delivering valuable insights to guide your real estate strategies and decisions. In this report, we cover: - Route 128 Central: Office - Route 128 North/Rt. 3 North: Office - Natick/Framingham: Office - I-495 West: Office - Route 128 North/Rt. 3 North: Industrial - Route 128 South: Industrial - I-495 South: Industrial - I-495 North/Rt. 2 West: Industrial - Route 24: Industrial Whether you’re navigating leasing strategies or exploring new investment opportunities, this report delivers the insights you need to make informed and strategic decisions. Get the full report here: https://lnkd.in/etnZgpJq #CRE #BostonRealEstate #MarketTrends #MarketInsight

Since 2012, the U.S. General Services Administration (GSA) has reduced its leased space by nearly 21 million square feet, making a major impact on commercial real estate—especially in Washington, DC. Federal office consolidations, along with rising telework and reduced office use, are shifting real estate demand in key markets like Atlanta, Chicago, and Denver. Curious about how these changes are shaping leasing trends? Our experts share their insights here: https://ow.ly/46TE50TMOoQ

Entering the final quarter of 2024, the U.S. office market appears closer to recovery than at any other point post-COVID. Growing leasing transaction volume and tenant demand in most major markets are starting to positively impact fundamentals, and sentiment among property owners and tenants is mainly positive. Read more in the Q3 2024 U.S. Office Market Outlook Report: https://ow.ly/MUwb50U73HE Michael Lirtzman Jodie Poirier Chris Zlocki Marianne Skorupski

CBRE is now forecasting that office leasing is going to pick up again....just as it always has for the last 100 years as growth begins again. The problem is that the economy has been growing strongly for 3 years with essentially zero growth in office markets. CBRE CEO Bob Sulentic, who has been a fantastic CEO at the company, says “We think it is bottomed out. There’s just a clear amount of pressure from companies to get their people back into the office. You’re going to see the future be better than the current circumstances have been for a variety of reasons.” But ask what those reasons are and there are no answers with objective data supporting them. Almost all of the data on the workplace today shows that organizations perform better in a distributed environment. And a solid distributed environment means that the likelihood of further office shrinkage is much greater than RTP (return to the past). Negative office absorption is likely to continue for some time to come in most markets. Recent CoStar analytics paint a much more objective picture of where we are and where we are headed. See the link below in the Comment Box.

Why Buying Office Properties in San Francisco and West Coast is a Smart Investment - Expert Insights Discover the untapped potential of the San Francisco and West Coast office property market. Learn from industry expert why now is the perfect time to invest and why these properties have long-term value. Matt Moran #OfficeInvestment #RealEstateMarket #PropertyInvestment #SanFranciscoInvestment #WestCoastProperty #RealEstateExpert #InvestmentStrategy #LongTermValue #OfficeProperty #RealEstateInsights

Since 2012, the U.S. General Services Administration (GSA) has reduced its leased space by nearly 21 million square feet, making a major impact on commercial real estate—especially in Washington, D.C. Federal office consolidations, along with rising telework and reduced office use, are shifting real estate demand in key markets like Atlanta, Chicago, and Denver. Curious about how these changes are shaping leasing trends? Read more: https://ow.ly/fsEI50TNe8t

Nationally, increased leasing activity over the past 12 months has positively impacted market statistics. The U.S. office market continued to contend with the post-Covid slowdown that started in 2020. Metrics remained soft, new construction starts stopped in most markets, and concession packages were at an all-time high. While there is cautious optimism that the worst may be in the past, market fundamentals remain firmly in the tenant’s favor. 

We are excited to release our Q2 2024 Greater Boston Market Report, providing detailed insights and trends on the industrial and office landscape in Greater Boston’s suburbs. Whether you are an investor, developer, or tenant, our Q2 Market Report is designed to equip you with the knowledge needed to make informed real estate decisions. In this report, we delve into the following markets: Route 128 Central: Office Route 128 North/Rt. 3 North: Office Natick/Framingham: Office I-495 West: Office Route 128 North/Rt. 3 North: Industrial Route 128 South: Industrial I-495 South: Industrial I-495 North/Rt. 2 West: Industrial Route 24: Industrial Read the full Q2 2024 Market Report here: bit.ly/RWHmarketreportQ2 #BostonRealEstate #CommercialRE #MarketInsights