The e-commerce giant, which has doubled the size of its logistics network in the past two years, signals it will have a smaller appetite for buying industrial properties and will reduce its reliance on leased warehouse space in 2022.

The tech giant's $1-billion R&D campuses are a boon for owners of rental properties, residential REITs and multifamily markets in the Raleigh-Durham and Austin metros.

A JLL report ranking cities with best innovation and talent ecosystems says "holistic" mixed-use projects, inclusive innovation districts will revive city centers.