The cost of construction materials for commercial projects has gone up dramatically over the past 12 months. Where are the biggest increases coming from?
As supply chain issues grow around the country and around the world, U.S. industrial property owners are benefiting, seeing strong demand for space from end-users and record rent growth.
The delay in office returns has led to a high number of vacant storefronts in Midtown Manhattan, reports CNBC. The end of the eviction ban has not so far resulted in the expected spike in evictions, according to The Associated Press. These are among today’s must reads from around the commercial real estate industry.
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