The law firm is leaving it up to employees whether they work from home or the new office. The COVID-19 pandemic didn't change its original plan for a 50,000-square-foot space.

Already, office net absorption contracted 50.7 million square feet in the first three quarters of 2020.

These forbearances are putting downward pressure on CMBS delinquencies, with many loans reverting to "current" status.

Not only does Prop A have several implications from a real estate perspective, but it will shift the national perspective of Austin in several ways, says Ari Rastegar, founder and CEO of Rastegar Property Company.