The vacancy rate in the two Northern California counties increased from 17.5% to 17.8% in the second quarter, illustrating the sluggish market activity.

Office leasing activity in Manhattan totaled 3.47 million square feet in the second quarter, an improvement from early this year but below the five-year average.

Second quarter office absorption moved into the black, and direct asking rents increase.

Ecommerce growth is one of the major trends impacting investment activity, according to Jennifer Marler of Guggenheim Investments.

The three-property portfolio includes Spectra at 4000, Spectra East, and Spectrum at Katie and totals 390 units.

The REIT has acquired three skilled nursing properties in San Bernardino County for $20 million.

Indoor malls are being converted into higher and better uses, but mixed-use seems to offer the most upside.

Vicky Schiff of Mosaic Real Estate Investment will reflect on the impacts from the pandemic as the keynote speaker at the GlobeSt. Elite Women of Influence conference in July.