Tag: remain
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Industrial Sales Remain Level Despite Headwinds
Key Takeaways: a similar pace with 2024’s $74.3 billion, up 14.7% from 2023, but down from the all-time high of $129.8 billion recorded in 2021. In-place rents averaged $8.63 per square foot nationally in July, up three cents from June and increasing by 6.1% year-over-year. The national industrial vacancy rate in July 2025 stood at 9.1%, up 10 bps from last month and 270 bps annually. …
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Construction stress eases, but contractors remain cautious
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Good news broke ground for contractors in July as construction stress eased across the board. The rate of construction freezes and cancellations plummeted in July, according to the latest data from Cincinnati-based ConstructConnect. The Project Stress Index,…
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Hiring rate, job openings remain historically low
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Construction counted 3,000 more open jobs on the last day of May compared with April, according to a Bureau of Labor Statistics report released Tuesday. The industry had 245,000 unfilled positions at the end of…
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Builders, owners remain bullish on sustainability despite Trump changes
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. On Jan. 23, Falls Church, Virginia-based HITT Contracting broke ground on its new headquarters. With its new location, the contractor promised to emphasize sustainability via a 100,000-square-foot photovoltaic solar canopy and wind turbines and an advanced power-over-ethernet…