CBRE's Lenny Beaudoin says the average office-using worker will spend 1.6 days a week working remotely, up from 0.6 days a week pre-crisis.

The 149 distribution building portfolio spans 12 major industrial US markets.

ViacomCBS is leasing back the space on a short term basis.

"I'm hoping for the foreseeable future it will continue on that uphill tick. That's what everybody's hope is," said Colliers' Jenny Gefen.

"The recovery is a lot stronger than what we originally thought in the beginning of the year."

At the same time inventory jumped significantly, notching an increase of more than 57%.

In urban core counties, revenue per available square foot has recovered most on B and C apartments in the South, Midwest and in secondary and tertiary markets.

The move accelerates the company's asset-light transformation.