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The same factors that made them of interest in the past are turning out to have hidden consequences.
Effective rents are 21.1% below asking rents after signing the lease.
Legislative processes and political realities suggest that national rent control won't work this year at least.
It sounds attractive but has a long way to go before becoming law.
High interest rates, supply chain issues, and slowing consumer spending continue to dog companies.
Limited-time offers seem to have boosted visits, but these types of price-driven strategy can eventually flop.
One reason Fed Chair Jerome Powell doesn't project when cuts might come is because sudden changes are too easy and common.
Payroll and benefits, utilities, and repairs and maintenance have all seen 'drastic' growth.
A lack of charging infrastructure has dampened public enthusiasm and put CRE owners in the spotlight.
However, there is still 'considerable uncertainty' as the last six months have shown.