In the words of Ben Franklin, “In this world nothing can be said to be certain, except death and taxes.”1 While neither can be avoided, both can be delayed and, with regard to taxes, can be minimized. In preparation for the next tax season, this report will explain how property owners, whether commercial or residential, can mitigate and reduce their tax liability by using a little-known IRS-approved accounting technique called cost segregation. It’s…
2025 Q1 Economic Report
GDP GROWTH: The nation’s real gross domestic product declined at an annual rate of 0.3 percent in the first quarter of 2025. It was the weakest quarterly growth in three years, according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent. Consumer spending, the economy’s main engine, rose at a 1.8% pace in the first quarter, the smallest increase since mid-2023….
2025 Q1 North America Market Report
INDUSTRIAL OVERVIEW: SOFT MARKETS FACE TARIFF DISRUPTIONS North America’s industrial markets are nearing the end of a wave of record development that – because of several quarters of weakened demand – has resulted in an oversupply of space and the lowest rent growth in years. Moreover, the sagging United States and Canadian markets could suffer disruption as they react to the U.S.’s controversial new trade and tariff regime. U.S. net absorption in the first quarter…