The migration of millennials to growing secondary markets including Nashville, Charlotte, Memphis, Tenn., Greensboro, N.C., Raleigh, Atlanta, Tampa, Fla., Orlando, Fla., Dallas, and Phoenix, which started long before the pandemic, will expand opportunities for office investors as employers follow the talent.
A real estate frenzy has come to small U.S. towns, reports The Wall Street Journal. Macy’s and Victoria’s Secret are among the retailers that are looking to change their real estate strategies away from regional malls, according to Insider. These are among today’s must reads from around the commercial real estate industry.
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