JLL advises occupiers considering building or renovating office space this year to steer away from relying on previous years' benchmarks.

Occupancy is improving as COVID-19 cases dropped 98% since December at skilled nursing facilities.

The recent acquisitions expand the firm's last-mile portfolio by 864,000 square feet across coastal logistics markets.

Construction starts increased in the first quarter 25% year-over-year—the highest quarterly volume since the company began tracking.