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Commercial real estate news, developments and predictions surrounding Covid-19.
With 13.9 million square feet of industrial absorption, 2020 was a record year for industrial activity in Phoenix.
New York City had 1,251 commercial real estate transactions last year, and apartment accounted for 391.
Moody's Analytics REIS predicts that most of the decline in retail rents and increased vacancies will happen this year.
Like other markets, Phoenix's office sector was hit hard by the pandemic, falling more than 58% with vacancy increasing 110 basis points.
In 2020, single-tenant net lease retail cap rates compressed to record levels, and Hanley Investment Group's Ed Hanley expects the trend to continue this year.
Commercial real estate lenders Trey Korhn and Vince Chillura talk with GlobeSt.com about the impact the pandemic has had on the state's economy.
The pandemic had a significant impact on the company.
In a new research video from Marcus & Millichap, John Chang gives a positive outlook for both economic and commercial real estate growth this year.
Vacancies predicted to hit historic high by 2022 as companies reevaluate space needs.
2021 may be smoother sailing, but tech changes loom large for medical office REITs.