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Colliers found that overall activity in Tampa Bay CMBS markets in second quarter 2020 started to thaw even though new leasing and investment closings were down.
Restaurants were able to weather COVID-19 lockdowns and occupancy requirements by shifting to off-premises services. But recent coronavirus surges and mandate rollbacks have left the industry in an uneasy waiting period.
Hubs across the nation are looking to use real estate to boost productivity as the growth of the global prescription drug market is expected to surpass $1 trillion by 2022.
"How quickly public health improves and if it can be sustained remain the biggest unanswered questions for determining the pace of economic and retail recovery," Cushman & Wakefield says.
TPP Capital Management Group is seeking $1 billion in partnerships and investments for an initiative to build health and wellness infrastructure in Black neighborhoods.
Boston Properties and Continental Development Corp. have formed a partnership to develop 275,000 square feet of class A, office space along the Rosecrans Corridor.