As office vacancies continue to climb in SF, the lease is the largest in the city since the pandemic began.

The REIT has purchased a 162,500-square-foot, grocery-anchored asset that is 98% occupied.

Slowing rent growth and below-average absorption are also issues to watch.

Cedar Realty Trust completes sale of 33-asset portfolio and redevelopment property to DRA Advisors and KPR Centers.