FEBRUARY 19, 2021

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CBD Office Values Show Little Sign of Distress

By Patricia Kirk, Contributing Writer

Neither rents nor cap rates have fallen by much for office buildings in major gateway markets.

Tom Lagos, an executive director with Institutional Property Advisors, comes on the podcast to discuss the state of the shopping center investment sales market.

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WeWork Slashes Prices Across the U.S. by 10%

Bloomberg

The co-working operator reduced the price of most of its rental units at least twice, in November and January.

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One of Ten in U.S. May Have to Switch Occupations Post Pandemic

Women, minorities, the young and the less educated will likely be the hardest hit by hallowing out of retail, hospitality and entertainment jobs.

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Eight Must Reads for the CRE Industry

By WMRE Staff

Retail Dive examined why Westfield is exiting the U.S. retail real estate market. Marriott posted its first annual loss since 2009, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

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