Lipsey's annual survey is based on qualitative data points from its ballot and from subjective phone interviews and focus groups.

Muted supply, current prices and macroeconomic issues like above-average population growth rates and below-average US unemployment rates drove this list.

New demand was up 21% in January with San Francisco and Los Angeles rebounding most sharply.

Planet Fitness has also emerged as a strong mall and shopping center anchor tenant.

The sweet spot occurs when 75% or more of a market's peak-to-trough decline has occurred.

Class A office availability will rise to the 15 to 20% range in top markets.

Data from First Street reveals large increases in rates may be necessary in some risk-prone areas.

Higher liquidity, tighter credit spreads drove closings.