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Though rent growth has moderated, none of the metros Yardi tracks has seen negative street rate growth for either unit type.
US retailers are on track to open 30 million square feet this year.
Logistics tenants snapped up 120 million square feet of space in the fourth quarter.
With the ability to change rates every day, hotels are most resistant to inflation.
"2021 will likely be remembered as a trough for near-term supply growth."
CBRE analysts peg the rising demand on household formation, job and wage growth, strong consumer confidence and sharply rising home prices.
Amazon Fresh customers increasingly also shopped at Ralphs and Aldi and less at Whole Foods.
There has been distress in the office sector, with vacancies rising through the middle of 2021, and five straight quarters of negative effective rent growth.
Inflation is as high as it's been in years, but that's with respect to goods and labor.
The sector is soaring thanks in large part to pandemic-induced disruptions in how we live and work.