"If liquidity in the market remains high, these coming maturities should not pose a problem."

And the broader urban recovery will be influenced by a movement back toward working in the office.

"We believe that some of the shift to e-commerce over the last two years was structural rather than temporary, and e-commerce will continue to fuel the industrial market."

The company is rebranding into a new retail REIT and will trade under the new ticker RTL.

The partnership includes a 2.6 million square foot development in Doral, near Miami.

Meanwhile, net absorption of retail space last quarter totaled 30.2 million square feet, hitting the highest level since Q4 2017.

Meanwhile, growth in PE investment in healthcare has been steadily outpacing the wider sector for years.

Returns require up to 20% more space and labor than order fulfillment.