Prior to the COVID-19 pandemic, sovereign wealth funds showed strong interest in U.S. commercial real estate acquisitions, and recent announcements suggest this type of activity among large foreign institutional players may be moving towards a rebound, especially in the industrial sector.
Tech companies in Seattle leased more office space in 2020 than they did the previous year, reports The New York Times. Meanwhile, office workers are starting to gradually come back in the rest of the country, according to The Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.