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Sun Belt markets, particularly those across the Southeast, are experiencing strong rent growth.
As vaccines roll out, retail will be more balanced between physical store sales and e-commerce.
2021 will be difficult for the office sector but ultimately it will be bolstered by expected growth in the professional and business services sectors.
As the vaccinations and stimulus support an economic recovery, household formations are expected to surge.
Tech accounted for 17% of all US office leasing last year by square footage.
Healthcare entities will likely need less space for admin roles as people continue to work remotely.
By the end of June, the country should be in a better place, he said in a recent interview.
Investors are increasingly looking to assets with large amounts of flex space as attractive opportunities.
The facility lowers the REIT's borrowing costs by 10 basis points from its prior facility.
The moratorium had been set to expire at the end of the month.