NOT FOR REPRINT
Page Printed from: globest.com/author/profile/-erika-morphy?page=439
Sign In To follow
On average, US industrial assets traded for $110.04 per square foot last month.
Single-tenant bank ground lease national asking cap rates decreased 12-basis points year-over-year to 5.35%.
The company sees returns to the office accelerating in September.
While the merger is seen as good for the industry, there are questions about how the combined company will grow.
The target is the "loophole that allows the wealthiest Americans to entirely escape tax on their wealth by passing it down to heirs."
While rising interest rates often lead to fears of rising cap rates, MetLife says the two are typically not correlated.
At the same time, the rent rebound in pricey coastal superstar cities is happening sooner and more rapidly than anyone expected.
The pandemic is driving this trend but also our reaction to the pandemic.
Along with flexible work plans, some companies are also cutting back on business travel.
The lease backfills more than 40% of upcoming vacancy at Paramount's 29-story Midtown Manhattan tower.