Retail Market Remains Strong
The local retail market remained strong through the 1st half of 2023 with average vacancy rates continuing a downward trend, finishing at 3.4% at the end of June, down from 3.9% at the end of 2022. Lincoln’s average asking rental rates moved up during the first half...
Markets and Methodology
Greenleaf Properties is the leader in commercial real estate market knowledge and research in Lincoln, Nebraska. Our Market Report is a quarterly market report that includes trends in vacancy rates, absorption rates, asking rents, building permits, and notable...
Continued Retail Recovery
Lincoln’s retail market continued its recovery during the 1st half of 2022 with average vacancy rates dropping from 5.0% to 4.2% at the end of June. There was positive net absorption of 167,441 square feet during this period and average rental rates remained virtually...
Office Space Uncertainty
The office sector continues to experience some uncertainty as many employers are assessing their space needs and adjusting to the hybrid work model. The shift to remote work that occurred during the pandemic has transformed the workplace for many companies, providing...
Steady During Pandemic
As the COVID-19 pandemic continues to disrupt commercial office space usage and brick & mortar retail sales, the industrial sector has been a bright spot in commercial real estate in 2020. As many Americans work from home, avoid restaurants and shop online, the...
Lincoln Projects Move Forward
Despite the strain the COVID pandemic has placed on the local economy, Lincoln has been fortunate to see many major projects continue to move forward, both public and private. Construction of the long-awaited south beltway began last year and continues to take shape...