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ATTOM also reports a 34 percent increase YoY.
With over half of the leases executed before 2020 yet to face an expiration event, this will challenge office fundamentals for some time.
Intentions are to meet the workforce needs of an "exciting next chapter" for some companies.
Optimizing spaces for a hybrid workforce is the key issue.
The crisis as some are calling it is misguided, Marcus & Millichap contends.
Urgent care facilities and dental properties considered good buys.
When the cost of debt is so high, the return becomes lower than what the 10-year actually pays.
Omnichannel strategy, shopping center events, and buy-now-pay-later will contribute to increase.
Supply registered at140,000 units, causing the national vacany rate to move up 10 basis points to 7%.
Meanwhile, there's $500 billion in dry capital on the sidelines and half is for multifamily.