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US commercial real estate market
Trends
- 1US commercial property divide widens as premium assets fall behind●News | US commercial property market split widens as pricier properties lose ground
New industry reporting indicates a widening split in the US commercial property market, with higher-priced properties losing ground relative to the rest of the sector. The divergence points to uneven pressure across asset classes and price tiers, with investors and analysts watching how valuations in the pricier segment adjust while cheaper holdings hold up better.
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Retail real estate investment trust EDENS has acquired a shopping center in the San Diego area, according to CommercialSearch. The purchase adds to the company's portfolio of open-air retail assets in coastal US markets. No purchase price or property details were disclosed in the initial report.