Lendlease and Ivanhoé Cambridge plan to invest an initial $500 million of equity with aspirations to grow the portfolio through additional equity investments over time.

This jump reflects the largest annual increase since February 2020.

Developers hope to provide clients a chance to "enhance culture" as they return to the office, Cushman & Wakefield said.

Vacancy fell in 41 suburban markets in Q4 2021, in contrast to 28 CBD locations.

KKR bets big on markets with strong tech employment and population growth, and says it will "more than double" the size of the 5.4-million SF portfolio within three years.

But for a clear look it's important to get beyond pure dollar values.

NAHB reported strong builder sentiment, a good early sign for developers.

With COVID concerns declining, Pew Research reported fewer people are working from home, but those who do want it to stick because they are more productive, have better work-life balance.