NYC: with a 77% RTO rate -- one of the highest in the U.S. -- we’re seeing the ripple effects in #retail. The sector gearing up for a big year in 2025. Sure, challenges like store closures and bankruptcies will still be part of the picture, but they’re creating room for innovation and growth. With interest rates dropping and new space becoming available, the stage is set for remerchandising, creative disruption, and property performance gains. Read GlobeSt.com and hear from Brent Glodowski, James Nelson, and Meghann Martindale: https://lnkd.in/egjhdGxw #NewYorkCity #Office #AYdifference
Avison Young | US
Real Estate
Insight driven by collective global intelligence that delivers value & competitive advantage in commercial real estate
About us
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. Our local expertise across the US, paired with a global network of collective intelligence and some of the smartest technology in the industry, works to your business benefit. Let’s collaborate on your next commercial real estate success story. Connect with Global Avison Young insights wherever you are: X: @avisonyoung and for listings, check out @AYListingsDeals Blog: http://blog.avisonyoung.com YouTube: www.youtube.com/user/AvisonYoungRE Instagram: @avison_young_global
- Website
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https://www.avisonyoung.com/
External link for Avison Young | US
- Industry
- Real Estate
- Company size
- 1,001-5,000 employees
- Headquarters
- Chicago
- Type
- Privately Held
Locations
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Primary
Chicago, US
Employees at Avison Young | US
Updates
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As 2024 ends, we want to take a moment to express our gratitude. Thank you to our clients, partners, and communities for the connections we’ve made, the milestones we’ve celebrated, and the opportunities to work alongside you. From our team to yours, we hope your holiday season is filled with peace, laughter, and time with the people who matter most. We can’t wait to see what we’ll achieve together in the year ahead. Wishing you a happy, healthy, and fulfilling 2025. Let’s make it a great one! 🎉❄️🌟🫶
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Office spaces near NYC's busiest transit hubs, like Grand Central and Penn Station, are seeing a resurgence. The combination of prime locations and a diverse tenant mix is creating a dynamic shift in demand. Could your city be next? Explore Viewpoints by Avison Young: https://ow.ly/sO3850U5I57 #NewYorkCity #AYdifference
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🌟 Things are looking up for 2025! 🌟 Our recent survey of U.S. Market Intelligence leaders reveals that 100% are optimistic about market improvements in the coming year. In our Outlook 2025 report, we take note of new policies impacting trade, regulation, and the economy — and establish that fundamentals remain mostly steady, paving the way for new opportunities and strategic optimism. 🚀 Kick off the new year with confidence: https://lnkd.in/epcekh3T #AYdifference
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While the headlines often focus on Californians leaving Los Angeles, that’s only part of the story. The LA suburbs, especially areas like Santa Monica and Century City, are seeing a boost in high-earning individuals and growing demand from tech, law, and entertainment sectors. In both cities, our industry is quickly adapting to meet new demands for office space, homes, and lifestyle amenities. These changes open fresh opportunities to guide our clients in making smart, informed decisions in these growing markets. Explore these trends in Viewpoints by Avison Young: https://ow.ly/V0Px50U5HQ2 #Migration #California #AYdifference
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We're #hiring a new Marketing Director in Los Angeles Metropolitan Area. Apply today or share this post with your network.
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While at ICSC New York, Meghann Martindale joined a panel discussing "Drugstore Deserts" and their impact on communities. The session highlighted how drugstore closures affect public health, local economies, and consumer behavior. Meghann addressed the complexities unique to the pharmacy category and sales model that are contributing to closures and shared how to rethink store format and locations to benefit consumers. Meghann also shared insights with Commercial Observer—read on to learn more about this topic: https://lnkd.in/dJ_jzPU6 #ICSC #RetailRealEstate #AYdifference Paid subscription to Commercial Observer is required to view this article.
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Avison Young | US reposted this
Our U.S. net lease group has published their final sector report of 2024! The Automotive Sector Report highlights a resilient market with a decreasing average cap rate of 6.23%, slightly below the STNL average. Despite economic challenges, demand for essential automotive services and parts remains strong. The sector continues to show strong fundamentals, making it a sound opportunity for net lease investors. For more details, contact Jonathan W. Hipp, Rich Murphy, CCIM and Tim Farrell. View the report here: https://lnkd.in/e8qvHikP Avison Young | US #AYDifference Kenneth Wang #NNN #NetLease #AutomotiveSector #InvestmentOpportunities #RealEstateInvestment #STNL #CRE #CommercialRealEstate #InvestmentSales
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What a fantastic start to ICSC New York! 🏙️ We're having an incredible time in the Big Apple 🍎 -- reconnecting with friends, networking with industry leaders, and absorbing all the insights and #retail trends. It's been an inspiring day already, full of thought-provoking sessions and engaging discussions. Stop by and say hello at booth 225 if you're here! #ICSC #NewYork #AYdifference
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What’s the secret to a thriving workplace? Our market intelligence points to high-end, amenity-rich spaces in well-rounded communities. Mixed-use submarkets -- areas where office, retail, and housing intersect -- are becoming hubs of activity, with visitation rates jumping by nearly 60% from 2022 to 2024. When offices are close to cafes ☕️, shops 🏬, and transit 🚉, the whole experience of going to work becomes more engaging. https://ow.ly/GuBU50U5Eum #Multifamily #AYdifference