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Some of the ways FM Partners and Vanguard Properties will be displaying caution during in-person showings include following health and safety protocols, and requiring signed documentation.
Even as tenants begin moving into vacant spaces from lease pre-commitments signed in years prior, future absorption, leasing activity and expansions may be muted until a vaccine for COVID-19 is found.
Bay Area homebuyers are looking for high-quality homes at affordable price points with access to top-rated schools, growing career opportunities and recreational activities.
Dignity Health intends to build a medical office building in Folsom Ranch Corporate Center, and the mayor says access to high-quality healthcare is vital to Folsom's quality of life, economic investment and job creation.
As more companies offer the ability to work from home indefinitely, employees have the option to choose where they want to live for the first time–a shift that is already having a massive impact on the rental industry.
Zain Jaffer says there are a number of counter forces and niche considerations that make up the larger picture of COVID-19 and the impact it leaves on the office real estate market will not be distributed equally.
The experience of COVID has changed the outlook for cold storage as an asset class, making it an attractive long-term investment that's likely to ensure security in the food supply for years to come.
Landlords remain optimistic about the asset class long term despite the current challenges, and many believe the current environment will lead to opportunities for portfolio expansions during the next 12 months.