While the declines in asking effective rents are modest, most leases are being signed at levels below what those quoted rents would suggest. Performance hasn't gone off the edge of the cliff, but it is notably weakened for now.
Because of the COVID-19 pandemic, there is a demand for robotic fulfillment facilities that will support the online food delivery industry and these facilities will pick and handle groceries orders faster and better.
Student housing is poised for increased distress rates as leases expire and universities ponder if they will reopen campuses, according to a new report released by Trepp.
With some states lifting or relaxing stay-at-home orders in the United States in May, restaurants re-opened to customers hungry for a dine-in experience.