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Manhattan fell from its perch as one of the top two markets for liquid commercial property and was replaced by two Europe-based cities. However, the global market is collectively reeling from COVID-19's impact.
With nearly half of Americans theoretically able to telecommute, Zillow found that almost 2 million American renters living in pricey metro regions could afford starter homes in less expensive parts of the country.
Houston has the ability to leverage inbound sea freight with product coming in from Mexico and Central America, making it the ideal spot for global supply chains, says Colliers' Industrial US Seaport Outlook.
There has been a scarcity of Union Square retail newcomers during the pandemic, and Polestar chose the Macy's location for its high-profile nature, which should drive customers to the popup location.