Research

A new CBRE survey identifies a total of 59 retail-to-industrial projects that have been completed, proposed or underway since 2017.

Racial disparities could also worsen if pandemic unemployment benefits aren't extended, the report said, as Black renters are more likely to depend on income from jobs that require face-to-face or physical contact.

The market reported its first negative absorption since over a year ago.

Due to the coroanvrius pandemic and the recession, property price growth was stagnant last month.

The expected reduction in office demand may be offset by de-densification, another new trend.

The biggest gain in rent collections was with free standing retail, which reported a 12.1 percentage points jump from June to July.

"Consumers still seek the convenience and instant gratification that comes with the in-store experience," said Ryan Kratz, President of Colliers International's southeast region.

Rents dropped for the fourth months in a row, and major cities are losing population to secondary markets.