Analysis

Commerce Secretary Gina Raimondo "knows lumber is really a drag on us right now."

JLL says warehouses will need to incorporate charging points, roof hatches or sky lights, or more space outside for drone landing pads to be drone-ready.

As of June 1, sublease space accounts for 26% of all available space.

Small cities are leading this trend due to a "residential recalibration" from urban areas to more suburban locales.

This is a 3.8 percentage point decrease from the share who paid rent through June 6, 2020.

But these numbers could increase as federal stimulus is withdrawn.

Many of these wealthy Americans are moving to Florida, Texas, Tennessee and Nevada—states with no income tax and warmer weather.

A rise in both leisure travel and the widespread return of commercial activity will have a positive net effect on CMBS.