Demand drivers are anticipated to change during the second half of this year as post Labor Day corporate travel should increase, and with schools reopening leisure travel will slow down.

The uptick in preleasing is mirrored in investment activity in the sector.

From Q1 2016 to Q1 2021, medical office cap rates averaged 20 basis points lower than suburban offices.

Even though these acquisitions will be made with an eye to growth, restaurants are facing a serious problem with labor availability.