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For at least a year Starbucks is asking for concessions to support modified operations and adjustments to lease terms and base rent structures, according to a letter it sent to landlords.
Cushman & Wakefield negotiated the deal for the seller, RREEF Management, for the six-building industrial property, Techwood Business Center, located in the Baltimore Commons Business Park.
Vanamore Inc. says pricing dislocations in the multi-family market helped smooth the way for its first acquisition in the Portland, Oregon area: the 32-unit Blanton Commons.
Post-COVID-19, U.S. consumers are returning to malls, reports Simon Property Group. However many are seeking a suburban setting and purchasing moderately priced items as states lift their restrictions.
The NAIOP commercial real estate sentiment index has dropped to 45 for March 2020. This is the first time the index has fallen below 50 since it began in 2016.