Leasing

Velocity, volume and asking rents all fell to—or by—record-lows, while the largest amount of supply became available in over a decade.

Amazon led the way transacting more than 26.9 million square feet during the first half of 2020.

Results for the third quarter appear positive, though other metrics for apartments activity were mixed.

Many people plan to carry their home improvement projects passed the pandemic, and the trend will keep home improvement retailers in the essential retail category.

Since March, rents have fallen in 41 of the top 100 metros in the US with San Francisco, New York and Seattle among the markets with the steepest declines.

As previously reported, the office market has been rocked by the pandemic. GlobeSt.com takes a closer look with an infographic on the subject including what initiated this trend.

Rent collections have improved over the six months of the pandemic and are beginning to near 90%.

Starting in April 2021, the multi-asset market-making firm will occupy nearly four times its previous footprint within the building.