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Dine-in visits to restaurants were down 48% in the 12 months ending September 2021.
For the fourth quarter, the expectation is there could be a bump on the way for multifamily.
Leasing activity increased 10.8% from September; a 52.9% year-over-year gain.
But the pace is picking up as REITs recognize the financial benefits.
The only index indicating weaker conditions was debt financing.
There was a drop in the number of members looking for the economy to perform better over the next 12 months.
The acceleration of e-commerce is another factor that could hurt the strip center REIT rebound.
During the last year, the flex office companies dropped 10.1 million square feet.
The asking rent spread between direct ($79.85) and sublease ($58.94) space had widened to 26.2%.
This was the biggest year-over-year increase in more than 16 years.