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Mergers of publicly traded REITs, totaling $33.7B in Q1, are likely to accelerate as REITs rush to the altar before rate hikes hit.
Developers are targeting hundreds of apartment buildings nearing a 40-year limit on structural certifications.
After weeks of increases, Kastle's 10-city occupancy average dips below 43%, with drops in half the markets surveyed.
Firms based in tight West Coast industrial markets are buying up properties in the state next door.
Amtrak wants to grab 425K SF of leased retail space to triple the capacity of Union Station in Washington DC.
"Embodied carbon calculators" are being used to measure the life-cycle carbon footprint of building materials.
Leases for 243 million square feet of office space are expiring this year, with many tenants opting for less space and hybrid work.
There is a leveling off of prices in Boise, which led all markets in last year's surge.
NYC caps on buildings larger than 25K SF starts in 2024, Boston's carbon mandate hits in 2025.
The e-commerce giant signs a 4.1M SF lease in Ontario, CA for a new five-story robotics facility.