As we reflect on the dynamics of the commercial real estate market in 2023, it’s evident that various factors have shaped the landscape, presenting both challenges and opportunities for investors and stakeholders. One notable trend was the decline in total sales transactions, plummeting from 32 to 10 throughout the year. This shift highlights the influence of a variety of factors … Read More
Unveiling the Industrial Surge: A Comprehensive Insight into Santa Fe’s Thriving Real Estate Market
This supply-demand imbalance led to record-setting prices for industrial property sales, with rents following suit; rents steadily climbed and ranged from $13.00 to $15.00 per square foot for new leases in 2023. In the dynamic landscape of Santa Fe’s industrial real estate market, the trend of diminishing inventory persisted throughout 2023, while the demand for available space showed no signs … Read More