Analysis

While other markets have entered the scene, Los Angeles is still the king with approximately 5.5 million square feet of space.

The multifamily and industrial sectors fueled the sales volume that has occurred.

The annual rate of US commercial real estate price growth ticked up 1.4% in September.

In August, UPS announced building a freezer farm in Louisville, Ken., and another in the Netherlands to rapidly aid vaccine distribution across the globe.

San Francisco, Indianapolis, Dallas/Ft. Worth, Philadelphia, Baltimore and San Diego have grabbed the most momentum.

Major brands like Walmart, Target and Best Buy all saw an increase in offline visits and sales activity during Prime Day.

The company also cut its selling, general and administrative expenses, jettisoned "unnecessary systems," and right sized its labor force.

Fitch says that renters could relocate to more affordable suburban and Sunbelt markets as they seek more space.