Globest Sectors

But asking rents remain firm and the rate at which new sublease space is coming to market appears to be slowing.

Right now, though, businesses in some sectors, notably lodging, can't find enough workers.

Demand for entry-level homes is expected to remain high for the rest of the decade.

The firm has expanded its portfolio in Phoenix and Nashville with the purchase of two garden-style apartments in separate transactions.

If cars are backed up at ghost kitchen sites, cities could get involved.

The company has expanded its footprint in suburban Baltimore through two acquisitions totaling 612 townhomes and 259 apartment units.

Savills has hired Michael Fisher and Robert Teachey to oversee business development, transaction management and tenant representation.

"The office market has been undersupplied in South Florida for at least 10 years," said one South Florida real estate investor.