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DRA and Prescott's acquisition of Nimbus Corporate Center further solidifies the strength of the suburban office market in the greater Portland area, a market that is demonstrating increased flex office demand.
New research claims REITs outperformed private real estate by nearly 2.7 percentage points per year on average and provided better risk-adjusted returns.
DivcoWest Fund VI had approximately $2.25 billion in capital commitments, targeted $1.5 billion in capital commitments and was oversubscribed when it closed on September 30, 2020.