Northspyre

Where repeatable strategies fuel predictable returns

[Northspyre @Northspyre]

The throughline: demand in each niche is strong enough to warrant new construction — not just acquisition.
As office and multifamily pipelines tighten, that's the window.

Follow @northspyre for weekly CRE breakdowns.
Which niche is the real play in your market?

[Northspyre @Northspyre]

Everyone still calls industrial a warehouse play. The capital stopped agreeing a while ago.

Ecommerce demand stabilized, so investors rotated into 4 industrial niches instead. Here's where the
money is actually going:

[Northspyre @Northspyre]

4⃣ Cold storage: expensive, but the math works.

Build costs run 2–3× a standard warehouse ($130–$350/sf). But cap rates sit ~50–100 bps higher (~7.65%), rents are 100–200% above warehouses, and leases run 10–15 years. Online grocery + pharma are driving it.

[Northspyre @Northspyre]

The Port of Houston just posted record container volume. Construction is at an all-time high. Does a $75M industrial deal actually pencil? Or are we overbuilding Texas?

$75M in. $4.1M NOI. Worth $69M today.
At $11/SF rents? $84M.

Go for it if you believe in the rent growth. 👇

[Northspyre @Northspyre]

The office narrative has been bearish for 5 years. The data is starting to say something different.

Follow @northspyre for weekly CRE analysis.

📢What's the biggest obstacle to office development in your market right now?

[Northspyre @Northspyre]

"Office is dead" was the narrative for 5 years.

New deliveries hit a 10-year low. Class-A is nearly fully occupied. Vacancy in major metros fell 1.5% in a single year.

Here's where the office opportunity actually is right now: 🧵

[Northspyre @Northspyre]

⚖️The other play: repositioning.

Vacant Class-B and C buildings available at a steep discount.

Companies sign leases only for spaces that meet their standards, but that bar creates real value for developers, who can reposition properties to meet it.

Lower acquisition cost + motivated tenants + undersupplied market = compelling risk-adjusted return.

[Northspyre @Northspyre]

The CRE recovery is real. The investment side is moving. The developer side is catching up.

Follow @northspyre for weekly CRE market breakdowns like this. 🔗

Which asset class do you think breaks first on new construction starts?

[Northspyre @Northspyre]

CRE just had its best Q1 since 2022. $117B in investment. Lending at a 5-year high. Every buyer type- private, institutional, REIT, cross-border- increased spending.

Here's exactly what moved and what didn't: 🧵

[Northspyre @Northspyre]

So what's NOT moving?

🏗️New construction.

Despite compressed cap rates, improved lending, and strong demand, starts remain "muted in many sectors" (Clarion Partners). High construction costs + elevated return requirements are keeping developers on the sidelines even as capital opens back up.

[Northspyre @Northspyre]

$117B. +19% YoY.

The best Q1 CRE has seen since 2022, and every buyer type was back at the table simultaneously.

Which market in your region is leading the recovery? ⬇️

#CRE #CommercialRealEstate #RealEstateDevelopment

[Diana Olick @DianaOlick]

This week's Property Play newsletter just dropped, with exclusive news from @fundrise on a new AI platform, and other stories critical for commercial #realestate investors. Sign up now, it's free! @Northspyre #realestateinvesting
https://t.co/7CWDpbQgVs

[Northspyre @Northspyre]

Want to keep more $ from your next CRE sale?

Learn 3 IRS‑approved ways to defer capital gains tax — including 1031 exchanges, UPREITs & Opportunity Zones.

🔗 https://t.co/GGK2mHSLhg

#CommercialRealEstate #CRE #RealEstateInvesting #TaxStrategy

[Northspyre @Northspyre]

2026 CRE trends you can’t ignore:

📉 Macro recovery
🏢 Multifamily momentum
🏦 Lending shifts
🧠 AI + data center growth
👥 People-first design
💻 Tech-empowered teams FTW

Get the full breakdown 👇

🔗 https://t.co/PXywJYQcIy

#CRE #PropTech #RealEstateTrends