Archives for Matthews REIS / Page 38

Arizona Hospitality Market Report Phoenix By the Numbers Last 12 Months Occupancy: 69.2% ADR: $173.16 RevPAR: $119.83 Average Cap Rate: 7.6%   Market Overview The Phoenix hospitality market is thriving, bolstered by robust employment growth, with over 42,700 jobs added between July 2022 to July 2023. This success is driven by Phoenix’s appeal as an […]

North Columbus Multi-Tenant Market Report North Columbus Market Overview North Columbus offers a blend of urban convenience and suburban charm. The area boasts a vibrant atmosphere with an array of cultural attractions, diverse dining options, and more. The report highlights the following submarkets: Bethel Rd, Grandview/Upper Arlington, Worthington, and North Central.   Highlights Neighborhood Centers […]

A Review of Capital Markets Performance in Q3 2023 After the close of Q3 2023, the global economy stands as a testament to resilience, weathering the challenges posed by significant monetary tightening, and most CRE sectors have remained relatively stable despite economic volatility. This capital markets update delves into the highlights from the past eight […]

State of the Southeast Market Update Commercial real estate is taking a beating as ongoing interest rate hikes and weakening fundamentals have decelerated growth and sales activity. Although Southeast real estate reached record heights post-COVID-19, the region started to feel the pain in the first half of 2023, with transaction activity dropping and rent growth […]

Cleveland East Side Multi-Tenant Market Report Cleveland East Side Market Overview Cleveland is located on the shores of Lake Erie and is known for its scenic beauty. Each of the included submarkets is situated on the East side, offering residents and visitors a perfect blend of small-town charm and easy access to the vibrant cultural […]

Dallas-Fort Worth, TX Retail Market Report Market Overview Thanks to consistent demand, Dallas-Fort Worth’s retail market is proving resilient. Overall available space has fallen to the lowest share on record, sitting at roughly 24.1 million square feet. Big box retailers, national and regional grocers, discounters, and food and beverage tenants continue to drive demand. The […]

Florida Hospitality Market Report Market Overview The tourism industry in Florida is flourishing, establishing itself as a highly desirable location for travelers and tourists. Florida’s renowned theme parks, beautiful beaches, and extensive attractions create a diverse and lively hospitality scene. Additionally, the hospitality sector plays a crucial part in the state’s employment landscape, with the […]

Economic Trends Impacting CRE Economic trends play a crucial role in shaping investments within the CRE market. When the economy is thriving, with low unemployment rates and stable growth, investors are more likely to pour their money into CRE projects. A strong economy creates a demand for office spaces, retail stores, and other commercial properties. […]

Utah Hospitality Market Report Utah Market Overview Utah is a popular tourist destination known for its stunning natural landscapes and diverse attractions. With its breathtaking national parks, mountains, and iconic red rock formations like those in Zion and Bryce Canyon, Utah offers a wealth of outdoor adventures. The Utah hospitality market is thriving, fueled by […]