SHARE:  
WEEKLEE NEWS
IN REVIEW


OUR TOP FIVE LOCAL AND NATIONAL NEWS STORIES

NO SIGN OF A SLOWDOWN AS U.S. INDUSTRIAL LEASING ROARS THROUGH SPRING 2022

Costar


At the end of May, CoStar researchers had tracked more than 80 million square feet of new industrial leases signed across the U.S. during the month, an increase of 16% from one year prior and 85% higher than May 2019 levels. What's more, U.S. industrial rents have risen by an average of 1.7% over the first two months of the second quarter.

Read Full Article >

CRE DELINQUENCIES CONTINUE DECLINE THROUGH Q1 2022

Connect CRE



Commercial and multifamily mortgage delinquencies declined nationally in the first quarter of 2022, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report, issued Tuesday.

Read Full Article >

COMMERCIAL PROPERTY OWNERS FACE WATER RESTRICTIONS AS CALIFORNIA'S DROUGHT DEEPENS

Costar


Some Southern California commercial property owners will be limited in their water usage this summer as statewide calls grow for water conservation in response to an extended drought. Water utilities in recent days initiated strict restrictions for both commercial and residential property owners after years of below-average rainfall. For now, many places in Southern California allow for some outdoor watering of gardens and lawns, but if the drought persists, a complete outdoor water ban may be enacted.

Read Full Article >

TOP BANK ECONOMISTS DOWNGRADE U.S. ECONOMIC GROWTH

Globe St.


The relative COVID-19 containment the world was experiencing at the start of the year had many bank industry economists forecasting an above-trend growth forecast for the US economy. But developments such as the reemergence of supply chain issues from Russia’s invasion of Ukraine, another pandemic wave in Asia, compounding persistently high inflation and the resulting aggressive Federal Reserve response has forced most to dial that optimism back.

Read Full Article >

WAGE GAINS SLOW, MAKING THE FED'S JOB EASIER

Costar


Last week’s federal employment situation report hints that inflation is still running high, albeit decelerating. Job growth slowed and the labor market remains tight, yet earnings only grew in a

handful of low-wage sectors.

Read Full Article >

ABOUT LEE & ASSOCIATES

At Lee & Associates, our reach is international but our expertise is local market implementation. With offices across the nation and Vancouver, Canada, Lee & Associates is one of the largest and fastest growing commercial real estate organizations in North America. 


Founded in 1979, our experience and expertise offers extensive local market knowledge, seasoned agents, industry leading technology, and a commitment to achieving our clients long-term real estate goals and successes. Lee & Associates understands real estate and accountability, and provides an integrated approach to leasing, operational efficiencies, capital markets, property management, valuation, disposition, development, research, and consulting.


Commercial Real Estate Questions? 

Please Contact:


Steve Malley

smalley@lee-associates.com

858.453.9990

LinkedIn

www.lee-associates.com/sandiego