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RealPage also forecasts Dallas, Phoenix, Austin to show most demand, new supply.
While unlikely to gain a 30% share as it did in the early 2000s, there is room for retail to take on a larger share in the near term.
The "flight to quality" and active construction pipelines have contributed to keeping Class A rents stable.
Ranks at No. 9 on a list topped by Sacramento and heavy on Sunbelt locales.
Seattle is perhaps the best-performing market in this regard.
Marcus & Millichap delivers a Q3 report on key CRE asset classes.
The desert/mountain region was the top performer, according to a new RealPage report.
There are plenty of indicators the rate has slipped more than 12%, according to RealPage.
Fourteen universities in the Yardi 200 are over 40% preleased, compared to only two schools at this time last year.
More than double the number of doors absorbed compared to those relinquished during the worst of the pandemic.