CONSTRUCTION DEFECT JOURNAL

"News and Information for Construction Defect and Claims Professionals"

CONSTRUCTION DEFECT JOURNAL - ISSUE 242749 - SATURDAY, MARCH 29, 2025

Real Estate & Construction News Roundup (2/26/25) – Uncertainty for Renters, a Record-High Hotel Project Pipeline and Hybrid Hopes for Office Leasing

News

Pillsbury's Real Estate and Construction Law Team discusses recent industry news.

March 18, 2025
Pillsbury's Construction & Real Estate Law Team - Gravel2Gavel Construction & Real Estate Law Blog

In our latest roundup, hybrid work creates hope for the office sector, Texas lawmakers ease office-to-residential conversations, service-based tenants are expected to lease more retail space, and more!

  • While demand is expected to remain strong, policy uncertainty and interest rates could pose problems in the coming year for renters. (Mary Salmonsen, Multifamily Dive)
  • As closures accelerate, service-based tenants are expected to lease more retail space in the coming year than goods-based tenants. (Nate Delesline III, Retail Dive)
  • The U.S. continues to lead for hotel project counts by country, with a record 6,378 projects in the pipeline at year-end. (Noelle Mateer, Hotel Dive)

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