A largely successful vaccination drive and work-from-home fatigue have changed expectations on corporations' "return-to-office" timeframes and strategies.
All types of investors are looking at industrial big boxes—warehouse/distribution centers that contain 200,000 sq. ft of space or more of space—including domestic and foreign pension funds, public and non-traded REITs, sovereign wealth funds, private equity funds, family offices and high-net-worth individuals.
Apple, Uber and Capital One all clarified their return-to-office strategies. The U.S. office sublease market has reached $158 million sq. ft., according to a report from The Business Journals. These are among today’s must reads from around the commercial real estate industry.
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