Even as construction ramps up, demand continues, driven in part by the ongoing need for vaccines for COVID-19 and other viruses.

The best office candidates for industrial conversion tend to be older suburban assets.

The most popular size segment for industrial leases in the third quarter was the 10,000 to 49,000 square foot range.

E-commerce sales fell off to under 10% since restrictions began lifting across the US.

The activity comes amidst conflicting data on how many people are actually returning to offices across Manhattan.

There is a projected 855 million square feet of absorption and new supply of industrial properties at 932 million square feet expected in 2022.

In the long run, industrial and even multifamily will see some favorable outfall from snarled supply chains.

Occupiers are looking for space in markets such as Southern New Jersey and Eastern Pennsylvania.