Globest Sectors

The industrial sector is expected to weather the economic ramifications of the COVID-19 pandemic better than other areas of the economy, Colliers says.

While housing is outperforming expectations in many markets, the far west is weaker than other parts of the country, an expert says at UCLA Anderson Forecast June 2020 Economic Outlook.

400 University @ Rainier Square, a 10-story 122,000- square-foot class-A office building, has broken ground at the SW corner of the Rainier Square block at University Street and Fourth Avenue in downtown Seattle.

NexMetro Communities has purchased 13 acres of land in Odessa, FL for a 152-home neighborhood development.

Many tenants are also not moving into new housing during the pandemic, the report found.

We will continue to see more and more Ghost Kitchens pop up in key markets across the county to accommodate growing demand.

While these assets may appear attractive to opportunistic investors, the extraordinary circumstances of the coronavirus pandemic demand extraordinary due diligence.

The industrial real estate sector showed significant gains in new redevelopment/redevelopment, building acquisitions and deal activity.