Multifamily vacancy rate pushed higher in Des Moines, Iowa
Vacancy contraction forecast for 2025 as supply wave fizzles out
Vacancy rates have surged in Des Moines over the past few years as the strongest supply wave since 2018 has been met with comparatively muted demand levels.
Hartford multifamily market ending 2024 with record high in completed units
Supply wave pushes four-and-five-star vacancy rate to three-year peak
Following three years of suppressed construction levels and some of the lowest-trending vacancy rates in the country, multifamily developers returned with force in 2024, pushing an...
Two Northeast markets lead the nation for multifamily rent growth
Providence, Rhode Island, and Hartford, Connecticut, outperform despite lagging regional trends
Nearing the end of the year, two Northeastern markets stand well ahead of their peers for the pace of multifamily rent growth increases.
Employment growth slows in Madison, Wisconsin
Office and retail losses offset gains in manufacturing and healthcare
According to the latest preliminary data from the Bureau of Labor Statistics, metropolitan Madison's labor force continued to contract in October from its August peak, bringing sea...
Employment trends turn negative in Des Moines, Iowa
Fast-growing market falls below U.S. average following office, manufacturing losses
According to the latest preliminary data from the Bureau of Labor Statistics, metropolitan Des Moines' labor market continued to contract in October, bringing seasonally adjusted p...
Stagnant employment growth remains a concern in Milwaukee, Wisconsin
Office and industrial sector declines drive underperformance relative to peers
According to the latest preliminary data from the Bureau of Labor Statistics, metropolitan Milwaukee's labor market continued to contract in October, bringing seasonally adjusted p...
Office woes create opportunities for a variety of buyers in Wisconsin
In Milwaukee suburbs, tenants and manufacturers see advantage of office ownership
As office-using companies adjust their footprints in response to the increased prevalence of hybrid work schedules and the overarching need for higher-quality space to help attract...
Retail demolitions pave the way for revitalizing mall areas in Milwaukee
Redevelopments help to right-size one of the nation’s largest retail inventory-per-capita markets
In addition to stunting new retail construction in Milwaukee over the past few years, rising construction costs and uncertainty in the retail sector have also affected a once preva...
Industrial rents grow at historically fast pace in Milwaukee
Nation-leading occupancy rate and weak pipeline maintain upward pressure on rents
Heading into the final month of the year, industrial rents continue to climb at elevated levels in Milwaukee.
Two Wisconsin multifamily markets rank among tightest, most underbuilt in US
Declining construction levels point to persistent tightness in Milwaukee and Madison
The U.S. multifamily sector has seen record construction levels in recent years, with 600,000 units delivered in 2023 and an estimated 680,000 units forecast to be completed by the...
Multifamily supply pipeline hits 10-year low in Des Moines, Iowa
Lack of recent groundbreakings points to prolonged downturn
Heading into the fourth quarter, the recent multifamily supply wave in Des Moines, Iowa, has all but faded.
Multifamily supply pipeline slows in Hartford, Connecticut
Easing supply-side pressure set to stem rising vacancy rate and boost rents
Heading into the final stretch of the year, multifamily construction trends are pointing to the end of a record-breaking supply wave in Hartford, Connecticut.
Office renovations help prevent occupancy losses in Milwaukee, Wisconsin
Newer developments, shifting demand trends have lessened impact of renovations more recently
Over the years, property owners in Milwaukee have pursued office renovations to attract and retain tenants as flight-to-quality trends have greatly impacted the types of spaces off...
Industrial rent growth outperforms in Milwaukee, Wisconsin, by wide margin
Nation-leading occupancy rates and weak supply pipeline contribute to strong growth
Although rent growth across property sectors in Milwaukee has largely outperformed historical averages in recent years, a different story emerges when comparing rent growth to the ...
Microsoft rapidly acquires land in southeastern Wisconsin for additional data centers
Original project scope has ballooned in size as technology giant doubles down on area
Microsoft continues to expand its real estate holdings in the village of Mount Pleasant, Wisconsin, as its original plans for a data center campus have significantly grown in scope...
Office occupancy levels hold in downtown Milwaukee, Wisconsin, as regional demand for space falls
Demand trends spur new office proposals Downtown despite growing number of obsolete offices
Across Milwaukee’s office market, occupancy levels have been on the decline. Nearing the end of the third quarter, Milwaukee’s occupancy rate fell to just 88.7%, the lowest since 2...
Downtown office market significantly outperforms its suburban counterpart in this midwestern city
Milwaukee, Wisconsin's suburbs hit harder by office downturn
As Downtowns across the country experience record increases in space availability as companies downsize and close offices, with many seeing a shift in demand from the urban core to...
Office Conversion Projects Face Headwinds in Milwaukee, Wisconsin
Construction and Financing Costs Hindering Once Active Segment of Downtown
With elevated construction and financing costs and early signs of saturation in the high-end apartment segment, office conversions, which have been prevalent Downtown over the past...
Downtown Milwaukee Office Proposals Raise Questions Over Feasibility
Local Officials Concerned as Record Levels of Available Space Linger on the Market
A request for proposals (RFP) to redevelop a city-owned parking garage into a mix of apartments, offices, retail and hotels has drawn multiple bids, which have city leaders questio...
Logistics Employment Decline Reflects Recent Trends in Hartford, Connecticut's Industrial Sector
Regional Labor Market Finally Recovers to Pre-Pandemic Levels, but Growth Is Still Slow
Metropolitan Hartford's labor market continued to expand in June, bringing seasonally adjusted payrolls to 589,200, according to the latest preliminary data released by the U.S. Bu...