Leasing

New retail leases are looking different than they did prior to the pandemic with tenants asking for new provisions and protections.

San Francisco, Indianapolis, Dallas/Ft. Worth, Philadelphia, Baltimore and San Diego have grabbed the most momentum.

Hawthorne Hydroponics signed a long-term lease for a 378,000-square-foot class-A industrial building at the newly developed Blue Lake Corporate Park in the largest industrial lease year-to-date.

The company had been occupying the space under a sublease.

Following the pandemic, 64% of companies plan to increase remote work policies and 32% of companies will decrease their office footprint.

Intermodal transportation, a combination of two or more shipping modes to move freight to a final destination, could prove to be the most efficient and cost-effective solution, says Gensler's Brion Sargent.

Class-A markets and expensive markets are seeing an increase in apartment concessions.

The answer is to produce spaces that people want to play, socialize and even live in.