Anne Tuccitto, Author at TaTonka

2024 Mid-Year Industrial Update

Sep 27, 2024 | Market Notes Newsletter, Market Outlook

As we enter the second half of 2024, the industrial market has softened, but remains fundamentally strong with a market-wide vacancy rate of 5.3%, a marginal increase from 4.9% at the end of 2023. Rental rate growth is moderating, but tenants that have not been in the...

2023 YEAR END OFFICE & INDUSTRIAL UPDATE

Feb 12, 2024 | Articles

There continue to be signs that employees are increasing their time in the office, some driven by choice and some by employer mandate (or strong encouragement). Continue reading here Market Update Year End 2023 – TaTonka After two consecutive years of record...

2023 Mid Year Office and Industrial Update

Aug 22, 2023 | Articles, Market Outlook, Uncategorized

The move to hybrid work and corporate downsizings has put significant pressure on building owners with Minneapolis having the highest rate of distressed properties in the country. With loans maturing, the recent rise in interest rates and building values decreasing,...

What Tenants Need to Know About Office Foreclosure Risks

May 18, 2023 | Articles

Office building foreclosure risks are on the horizon. At the onset of the pandemic, many lenders provided short-term loan extensions while the world tried to wait things out, but many of these mortgages are now once again coming due. The rising interest rate...