Family Office Briefing on research byLee & Associates·Jan 23, 2024
2023 Q4 North America Market Report
North American industrial demand sputters while retail vacancies hit record lows in 2023 — family offices should consider co-GP opportunities with disciplined operators.
2023
Key Metrics
| Metric | Value |
|---|---|
| U.S. Vacancy Rate | 13.7% |
| Canadian Vacancy Rate | 1.7% |
| U.S. Retail Vacancy Rate | 4% |
| Canadian Retail Vacancy Rate | 1.6% |
| U.S. Multifamily Vacancy Rate | 7.5% |
| Canadian Multifamily Vacancy Rate | 1.1% |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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