Markets including Dallas, Atlanta and Phoenix have become hot plays for apartment investors while they wait for some of the top urban markets to recover.
Multiple factors are driving demand for cold storage warehouse space: online ordering, even for perishable items, is on the rise; panic-buying during the pandemic accelerated e-commerce; and health-conscious consumers are exhibiting an interest in frozen foods not seen since the mid-1900s.
Big corporate tenants are staying in city centers, but they are downsizing and looking for bargain rents, reports the Wall Street Journal. Curbed asks whether the Compass IPO is just another iteration of the WeWork story. These are among today’s must reads from around the commercial real estate industry.
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