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Retail was the worst hit sector, which only had sales of $1.9 billion.
The homeownership rate reached 65.8% last year.
Demand for office space has fallen almost 16% this year.
The $1.1 billion deal for the Port of Los Angeles Distribution Center led the nation.
In the long run, it is assumed that average rent will grow at about 3.1%.
It is poised to rise significantly from May's 0.6% decline.
There was a 5.1% annualized rate of decline from the first to the second quarter.
And they exceed 12% than the costs experienced by single-family home renters.
Also, Durham, Palm Beach and Savannah have joined the list of the largest 51 industrial markets.
A number of tenants tied to the housing market closed distribution centers this year.