While warehouse employment has nearly recovered from COVID-era losses, attracting and retaining talent remains a challenge.

Sustainability-linked loan issuance hit $350 billion in the first half of 2021, compared to $197 billion in all of last year.

"Based on what investors are telling me today, the bid climate is particularly aggressive, putting downward pressure on cap rates."

The average asking rate per month per square foot jumped 3.25% over Q1 figures.

Pricing has risen a quarterly 13.3% to reach $113 per square foot.

Nationally, commercial and multifamily construction starts were 10% higher on a year-to-date basis through the first six months of the year.

An estimated $113 billion in multifamily loans should mature over the next three calendar years.

Insurers could play an important role in lessening structural risks.