Insights

2024 Southern California Industrial Market Report Inland Empire Market Performance Absorption was positive throughout 2024, with a total of 50 million square feet leased. Facilities under 1 million square feet made up the majority of leasing activity. Rents have fallen in the Inland Empire, as a result of increased vacancy and new supply that remains […]

Decoding PropTech: Bridging Digital Innovation and Brick-and-Mortar The commercial real estate industry is undergoing a major digital transformation, but what does that really mean for property owners, retailers, and landlords? In this episode of The Matthews Podcast, we sit down with David Blumenfeld, Co-Founder of NextRivet, to explore the intersection of PropTech and commercial real […]

Preventative Maintenance: How to Save on Your Property Expenses A recent study by the Building Owners and Managers Association (BOMA) found that 12-15 percent of a property owner’s expenses are spent on repairs and maintenance. Of that nearly half is spent on preventative maintenance. But the study suggests that more proactive steps should be taken […]

2024 Arizona Industrial Market Report Arizona Key Findings Increased competition from fresh supply is slowing rent growth. Average asking rents increased by 2.7% in the past year, down from 14.6% in late 2022. The overall quantity of vacant space in buildings 100,000 SF or larger has increased by 30 million SF since Q4 2019, bringing […]

Maximizing the Value of Excess Land Turning Unused Space into Profitable Opportunities-Hospitality Edition In today’s real estate market, investors and property owners are increasingly looking for innovative ways to maximize the value of their assets. One often-overlooked opportunity lies in excess land—underutilized portions of a property that can be repurposed for additional revenue streams.   […]

2024 End-Of-Year Seattle Hospitality Market Report Market Overview Despite national softening in the hospitality sector, the Pacific Northwest demonstrated strength, particularly in Seattle, where revenue per available room (RevPAR) growth reached 7.1%, far surpassing the national average of 1.5%. This performance was bolstered by a resurgence in corporate and leisure travel and record-breaking summer tourism. […]

2024 Queens Mixed-Use/Retail Market Report Current Market Inventory There are 98 mixed-use/retail listings currently on the market for sale, with an average asking price of $469 per square foot.   The current overall market asking rent for residential free-market units is $48 per square foot, and the current overall market asking rent for retail units […]

Back in Business: Shopping Centers Drive CRE Recovery Current Shopping Center Performance In recent years, construction of new retail centers has slowed considerably, with developers focusing more on industrial, mixed-use projects, and residential developments due to cost impediments and a changing real estate landscape. Rising construction and borrowing costs, especially with high interest rates, have […]

Aldi’s Expansion Strategy – What You Need to Know Aldi is embarking on a significant real estate expansion, aiming to solidify its position in the U.S. grocery market and meet growing consumer demand for affordable grocery options. This report delves into Aldi’s expansion strategy, analyzing its approach to new store openings, conversions of acquired stores, […]