COVID-19

The Pacific Business Group on Health surveyed 41 member organizations and found that 57% are waiting until circumstances change before they plan for employees returning to the workplace.

"The industrial market enters the second half of 2020 well positioned to record increased demand for available space and inflows of investor capital," Marcus Millichap research analyst Erik Pisor said.

Net absorption fell in each of the top 10 markets in the second quarter, with eight markets posting negative numbers.

The greater certainty created by COVID-19 contract language should reduce upfront pricing and schedule contingencies.

Active inventory of homes for sale was down 28% for the four-week period ending August 9.

There are fears that if workers don't come back soon, many will never come back.

"There are fewer active lenders, and we are seeing them being pickier with deals they do, focusing on working with customers they have long standing relationships with."

"We see employment growth going forward, especially since demand has increased for many tech services and products during the pandemic. But it will be at a much slower pace than in 2019."