Leasing

During the retail REIT's Q3 earnings call, Steven Tanger, executive chair of the board, talks about how the company has used proactive capital market success to deliver on strategic objectives.

But residential tenants seeking upgrades are driving apartment rents up.

As a result of new office deliveries and reduced demand from remote work, the vacancy rate is up 300 basis points year-over-year.

Because of their small size, they are a good option for owners looking to monetize vacancy space.

This could be a problem for investors as inflation continues to rise.

The firm has developed a differentiated acquisition strategy to compete with institutions and other investors.

Investors are now looking at assets that are both resilient during a recession and during a pandemic, and healthcare properties have become the perfect hedge against both.

Demand for warehouse space will drive continued growth in the Bay Area through 2022, despite mixed fundamentals in 2020.