Midwood Investment & Development has sold the 55,109-SF, Whole Foods-anchored retail center in Garden City, NY.

The national rent-to-income ratio also increased by 270 basis points last year but there's more to the story.

Hybrid work is shrinking office footprints at the same time it increases the need for flexible space.

Realtor.com points to incremental improvement in supply, especially in mid-sized homes.