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Cost of capital is coming down, spreads are coming in and a sharp decline in new supply.
Ambulatory surgical centers are also sought after assets by investors.
The average payment is now $2,361.
Cushman & Wakefield said that oversupply challenges should be short-lived.
The Counselors of Real Estate surveyed its members weeks ago about 2024.
Occupancy and lease renewal rates are up, concessions mostly burning off.
The industrial sector vacancy rate was 4% in March, at least 30 basis points below every other segment.
St. Louis and Madison also move up, according to CBRE, as top five markets the same as a year ago.
Progress has been made but a lot can happen between now and the finish line.
Companies are blending management strategies of multifamily and single-family properties.