Since 2016, the gap in cost between CBD and suburban office has receded from a high of 68%, according to Cushman & Wakefield.

Walgreens Boots Alliance and VillageMD will open between 500 to 700 primary care offices in Walgreens' drug stores over the next five years.

"But with New York City having entered Phase 2 of reopening in late-June and pockets of New York State already in Phase 4, there are promising signs of a recovery in the second-half of the year," says Colliers' Franklin Wallach.

The initiative is also developing a mentorship program for smaller restaurants that participate.

Columbia Property Trust will assume full control of the boutique office building.

The end to supplemental payments and a rising number of Covid-19 infections could knock multifamily down a few notches.

Retail e-commerce sales have grown steadily in the last few years, from $423.64 billion in 2018 to reach $709.78 billion this year.

The sale is part of the REIT's strategy to sell off non-core assets in order to invest into its development projects and share repurchase program.