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Value-based models, pharma consolidation, and private equity-backed services are drivers.
The deal expands the ride-sharing giant's presence at the property by 44,110 square feet.
Both multifamily owners and investors see benefits and cost-savings of high-speed fiber-optic internet for properties.
It will, however, be important to pay attention to the policies coming out of Washington D.C.
The portfolio includes buildings in Arizona and and Nevada
Scores of property owners in Palisades, Altadena are selling rather than rebuilding.
Meanwhile, economists have cut growth expectations and increased inflation projections.
Strong economic fundamentals support CRE investment growth.
House inventory has grown, as have wages, but prices and mortgage rates are still high.
After a January drop, rates reversed and rose to 10.32%.