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Family Office Briefing on research byLee & Associates·Oct 27, 2023

2023 Q3 North America Market Report

North America industrial demand slows while office markets struggle — family offices should consider co-GP opportunities with disciplined operators.

2023

Key Metrics

MetricValue
Net Absorption (U.S. Industrial)29.9million SF
Year-to-Date Net Absorption (U.S. Industrial)110.2million SF
U.S. Office Negative Net Absorption (Q3)15.4million SF
U.S. Retail Asking Rents24$/SF
U.S. Multifamily Vacancy Rate7%
U.S. Multifamily Rent Growth0.9%

Metrics extracted from the source report and independently fact-checked. Method →

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