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Some $100 billion was poured into the asset class during the past decade, which has been matched by a technical shift and major influence by cloud platform providers–Amazon, Google and Microsoft.
The Richland Companies is seeing an uptick in leasing activity particularly at two properties because of recent building improvements that have all been for pre-emptive upkeep and visual enhancements.
The number of large-scale retail projects are few and far between, however supply is plentiful for value-added projects, strip center and single-tenant net lease developments with growing tenants.