Globest Sectors

Rent deferral was the most popular option, followed by rent reduction, rent abatement, early lease termination, applying a security deposit toward rent and downsizing to a smaller space.

Portfolio restructuring is expected to be a bolder, more sustainable solution than mere rent relief.

With facilities running at maximum capacity, the cold storage market is experiencing unprecedented growth over the next three-to-five years.

Several new employment laws in California could hamper office demand even after the stay-at-home orders are lifted.

The company completed the sale of a Richmond, VA office property for a price of $418 per-square-foot.

At the onset of the pandemic, opportunity zone investment slowed, but it rebounded in the third and fourth quarter of 2020.

The 102,500-square foot mixed use property traded within nine days in an all-cash transaction.

The Tampa market has fared well through the pandemic, but at the end of the year, the market saw some softening in office leasing activity.