Simon Property Group has purchased a site in Nashville where it plans to build a mixed-use shopping center, which marks the firm's third investment in the metro area.
The GSA manages about 149.5 million square feet of office space on behalf of the federal government with a total annual rent of $5.25 billion and an average office rental rate of $35.09 per square ...
The American decline was much steeper than the 5% drop experienced globally and the 1% dip seen in Europe. Even so, market rents in the U.S. ended up 59% higher in 2024 than they were in 2019, meaning ...