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CRE companies are acquiring other firms and their know-how for a reason.
Leasing activity dips to 2.8M SF in Los Angeles as several tech sector deals fall out of contract.
But few companies expect to maintain their current portfolio size, acknowledging that the greater adoption of hybrid work will impact their real estate footprint.
While the industry plays catch-up on housing construction, Apartments.com points to several markets perhaps going in the wrong direction.
Zumper's National Rent Report says big spikes are over for now, 2-BR apartment rents are falling.
Falling savings rates and rising credit card use means millions are running out of resources.
Controlling inventory is the key as companies endure supply-chain issues before 'Back to School' and Black Friday periods.
Spec development surges to 10x 2019 level as cold chain capacity tops 225M SF.
However, last-mile facilities will need to accommodate the new EVs as well as the charging stations that will power them.
San Francisco and New York are the topmost expensive cities in the country.