Hot Not CRE

Episode 7: Austin Down 5%, San Jose Up 4.3% — What's Driving the Split?


Listen Later

Welcome back to What's Hot & What's Not CRE — your daily pulse on commercial real estate in America.Today we're looking at the regional picture — which markets are projecting the strongest rent growth heading into 2026.🔥 What's Hot:

  • Tech Markets Leading — San Jose 4.3%, San Francisco 4.2% (AI boom + RTO mandates)
  • Norfolk Surprising — 4.2% growth, wasn't on most investors' radar
  • South Florida Strong — Miami 3.8%, Fort Lauderdale 3.5% (migration continues)
  • Midwest Making Moves — Cincinnati/Columbus 3.1%, Detroit/Kansas City 3.0% (high renewals, low supply)
  • Seattle Rebounding — 3.7% growth from tech recovery
  • Austin Declining ~5% — Massive oversupply crushing rents
  • Phoenix & Dallas Struggling — Elevated vacancy from construction boom
  • Luxury Vacancy Above 10% — New top-tier product struggling to stabilize
  • Orlando & Nashville Moderating — New supply hitting these markets

❄️ What's Not:Takeaway: Tech markets and the Midwest are heating up, while oversupplied Sun Belt metros are cooling off.Thanks for tuning in. See you tomorrow! 
Don't forget to Like, Share and Subscribe! 
Visit hotnotcre.com to learn more and subscribe to our newsletter.

...more
View all episodesView all episodes
Download on the App Store

Hot Not CREBy Hot Not CRE