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Investors that lived through the Great Recession live by stringent underwriting standards today, but can the same be said for young professionals entering the market?
Like other asset classes, hotels need to transform into experiential lifestyle spaces to stay competitive with the wide range of lodging options available today.
The company states with those two lease deals on the books, the firm's approximately 11.2 million square-foot California industrial footprint has grown to 93.5% leased.