Thompson Thrift Enters 40th Year with Key Strategic Hires
Thompson Thrift, a full-service nationally recognized real estate company, announced today the addition of two key leaders as the company enters its 40th year of operations. Scott Murray has joined the company as general counsel, and Matt Vance has been named chief market strategist & economist, strengthening the company’s legal, strategic and market intelligence capabilities….
Crescent Communities and GTIS Partners Announce Land Close for AXIAL Commerce Station in Huntersville, NC
Crescent Communities, a nationally recognized market-leading real estate investor, developer, and operator of mixed-use communities and industrial projects, and GTIS Partners (“GTIS”), a global real estate investment firm that manages $4.7 billion in gross assets with a focus in the U.S. on residential and industrial investments, announced today the land closing and construction start of AXIAL Commerce Station, a…
CoStar Ranks Top U.S. Small-Bay and Big-Box Industrial Markets
Richmond, VA, and Oklahoma City, OK, were ranked as the top-performing small-bay and big-box industrial markets, respectively, according to CoStar, the leading global provider of online real estate marketplaces, information, and analytics in the property markets. Based on a Z-score analysis of the largest 54 markets in the U.S., Richmond ranked at the top of the…
Thompson Thrift Launches 8th Multifamily Development Limited Partnership
Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the launch of Thompson Thrift 2026 Multifamily Development, LP. The offering seeks to raise approximately $230 million in total capital commitments from accredited equity partners who will participate in a multi-project portfolio of ground-up Class A multifamily…
NAIOP Industrial Space Demand Forecast, Third Quarter 2025
The U.S. market for industrial space continued to slow into the first half of 2025, with only 27.0 million square feet absorbed during this period, with demand shrinking by 11.3 million in the second quarter, the first negative quarterly reading since 2010. This decline was likely driven by increasing macroeconomic uncertainty caused by unclear tariff…
NAOIP Office Space Demand Forecast: Positive Office Space Absorbtion After Five Straight Negative Quarters Signals Further Growth
Net absorption of office space turned positive in the second and third quarters of 2024, following five consecutive quarters of shrinking demand. Although it is still possible that a recession could delay a recovery, recent trends suggest the office sector is stabilizing and that demand for office space will grow modestly in 2025, according to…
NAOIP: Commercial Real Estate Sentiment Rebounds
The NAIOP CRE Sentiment Index, which measures industry expectations for commercial real estate market conditions over the next 12 months, has increased significantly from the last survey conducted in the Spring. The Index climbed to 56, indicating that respondents expect conditions for commercial real estate development to improve over the next year. The NAIOP CRE Sentiment…
LightBox Monthly CRE Activity Index Reveals Modest May Improvement
LightBox, a leading provider of commercial real estate (CRE) information and technology, released its Monthly CRE Activity Index, reflecting a modest rise in May deal activity from the previous month. The LightBox Monthly CRE Activity Index provides an aggregate view of the market with information on property listings, due diligence and valuation activity enabling…
Lovett Industrial breaks ground on a 21-acre, 282,000 Square Foot Industrial Business Park in Charlotte, NC
Lovett Industrial, the Houston-based real estate investment firm, recently broke ground on Orr Road Business Center, an urban infill 21.7-acre development consisting of 282,000 square feet spread across two Class A industrial buildings in the North Graham submarket of Charlotte, NC. Located on Orr Rd, just northeast of Downtown Charlotte, and within 1.5 miles of…
NAOIP Commercial Real Estate Sentiment Rebounds
The NAIOP CRE Sentiment Index, a key forecast of commercial real estate market conditions over the next 12 months, has increased significantly from the last survey in fall 2023. The Index rose to 52, from 46 in September, indicating that respondents expect conditions for commercial real estate development to be somewhat better over the next year….
