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There is weak demand for all types of housing despite robust job growth and sizable wage gains.
Fitness clubs typically trade at higher cap rates than the rest of the STNL market.
Overall absorption net absorption was down 9.4% quarter over quarter to wrap 2022.
'A new refrain is leaping to the forefront: labor, labor, labor,' writes Ermengarde Jabir.
It doesn't look good for office.
Manufacturing companies have given back the most space over the last 12 months.
Occupiers will likely continue to employ less space per desk, while optimizing meeting rooms and technology.
Self-storage street rates decelerated last month but are still 10% higher than pre-pandemic levels.
In-store sales increased by 6.8% year-over-year while online sales ticked by 10.6%.
Regus tops WeWork in terms of the number of US locations as of year-end.