Despite record-high rents and strong demand for self-storage units, higher interest rates and debt costs have contributed to a slowdown in investment sales activity in the sector.
Coverage includes markets across the U.S., with a data set of over 1,000 colleges & universities including the top 200 of every major athletic conference. • Gain new supply information at the asset, competitive set & market levels • Leverage data for both purpose-built & shadow market properties • Access school year leasing & preleasing curve reports • Produce reports on transaction, rent & portfolio data
While the sector faces some unique challenges, including a shortage of power and competition for owners from their own tenants, its performance continues to be solid.
Attorney General Letitia James filed suit Wednesday in New York state court, naming Trump, the Trump Organization, Donald Trump Jr., Ivanka Trump, and Eric Trump -- who are senior executives at the company. James is seeking penalties including a permanent ban on the four Trumps running companies in New York.
The shifts imply that companies’ efforts to get workers to come back to the office for at least part of the week after the US Labor Day holiday are having their intended effect. Subway usage reached 3.76 million on Tuesday, the most since the pandemic began in March 2020.
High natural gas prices are leading European-based manufacturers to shift operations to the U.S., reports The Wall Street Journal. The AIA’s latest billing index shows demand for design services accelerated in August. These are among today’s must reads from around the commercial real estate industry.
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