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Year-to-date sales dip below $1B, average deal ticks up to $345 per square feet.

Community banks are doing better, even though they have fewer assets.

The major trouble is with single asset, single borrower structured loans.

It's too many units and some shifts since the pandemic.

Demand for office space has gone up in cities driven by high tech.

Much depends on the market, though.

Investments in infrastructure track closely with industrial occupancy.

Investors are repurposing facilities to meet demand for 'lifestyle storage.'