In 2025, retail entered the lowest vacancy rate of any commercial real estate sector, according to a recent CBRE report.

Despite exemptions for key building materials, import taxes announced Wednesday by President Donald Trump could lead to a slowdown in new work, experts say.

Walker noted the cost for developing The Willows at The Lake District site — excluding townhome construction — was $3.5 million in 2020. In addition, phase one of the Lake District’s commercial ...