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The average lease-up is executing 10% fewer leases than last year despite a 20% increase in overall absorption.
On the brighter side, the report said affordable inventory is on the rise in other parts of the country, especially the South
The inventory-to-sales ratio is about 3.0% below the 2019 pre-pandemic image.
A deceleration of job gains and tight lending standards are among the reasons.
San Francisco-based franchise giant acquires 26 outlets, will open 25 more.
CalSTRS' problem suggests that CRE owners may have issues nailing down data from their tenants.
City ends entitlements for towers on parking lots next to landmark Capitol Records.
Multi-modal options draw demand for large spec projects at 27,000-acre complex.
Walker & Dunlop secured the financing from Hudson Bay Capital.
The 76,368-square foot property traded for $45.5 million.