Amazon.com has committed to 11 million square feet in 10 buildings. Inking 7.2 million square feet in new leases, and accounting for 51 percent of the total new leasing volume for the quarter.
REIT indices for cold storage, self-storage, data centers and life sciences have outpeformed all-property indices in the US in the first six months of 2020.
Of the respondents who replied that they were able to pay some of their rent, 53% said they were able to pay half, while 29.8% expected to pay less than half.
The national office vacancy rate jumped by 10 basis points to 17.1%. REIS forecasts that the national office vacancy rate will rise to 19.3% by year-end and peak at around 20% in 2021.