"Debt is plentiful and cheap and attributing to people's bullish outlooks."

The broker is also managing space for WeWork across the US.

Lodging showed a 233 basis point reduction last month, and retail registered a 37 basis point decrease.

JLL advises occupiers considering building or renovating office space this year to steer away from relying on previous years' benchmarks.

The company immediately used the fund to acquire a $588 million portfolio of 10 suburban multifamily communities it had developed.

The superstores consist of 380 acres across Washington, Oregon, Idaho, and Alaska.

Occupancy is improving as COVID-19 cases dropped 98% since December at skilled nursing facilities.

Tax law changes and inflation are short- and long-term concerns for CRE.