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"The overarching narrative of doom and gloom seems to miss out on the lingering strength and potential of leading players."
Adjusted rental rates reflected declining demand last quarter.
Rents for logistics space in San Francisco, New York City, and Washington D.C. clocked in at more than $10 per square foot.
"The elbow grease required to convert distressed assets to their highest and best use has drawn notice from a different investor pool."
Meanwhile, states like Arizona and Florida continued to be popular destinations for workers decamping from larger coastal MSAs.
Don't Underestimate how deeply the lodging sector fell into a COVID trough.
Investors fled to alternative asset classes during the pandemic and won't be pulling out as it recedes.
Companies should engage project management professionals early to solicit specific advice based on market conditions.
A mere 20% of surveyed retailers say they're prioritizing in-store experiences.
CMBS servicer commentaries suggest there may be a "significant pipeline" of properties that may go through foreclosure.