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Interest rates have hit rock bottom and both individuals and companies are holding onto cash while the nation waits for a federal stimulus package, the Presidential election and a cure for Covid-19.
Realty.com recently acquired the entire commercial real estate portfolio of Texas-based Oxley Leasing which includes approximately 1 million square feet of office space in Houston and Dallas.
DRA and Prescott's acquisition of Nimbus Corporate Center further solidifies the strength of the suburban office market in the greater Portland area, a market that is demonstrating increased flex office demand.