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The Inland Empire had the highest in-place rent growth at 12.7%.
"Nothing like this has happened since the early 1990s."
Eight quarters of upward adjustment will probably see a ninth as well.
Hybrid work and difficult refinancing will make the office recovery much longer than historical trends.
Last year W. P. Carey expanded its focus on US retail.
Dollar Tree, Dollar General, and Walmart have their strategic reasons.
Retailer takes write-down of nearly $6B for sagging health care play.
But the arrangement is unusual and isn't clear whether this will become a trend or remain a one-off.
Increasingly these firms are reaching agreement on valuations and price discovery.
Last year it did a "modest" $100 million in transactions.