Net Lease

Developers hope to provide clients a chance to "enhance culture" as they return to the office, Cushman & Wakefield said.

Vacancy fell in 41 suburban markets in Q4 2021, in contrast to 28 CBD locations.

KKR bets big on markets with strong tech employment and population growth, and says it will "more than double" the size of the 5.4-million SF portfolio within three years.

But for a clear look it's important to get beyond pure dollar values.

The good news: "a significant share of occupiers are staying the course on longer-term plans for pursuing new leases."

The markets benefiting most from cross-border investment are shifting with Memphis, Phoenix, Houston, Philadelphia and Indianapolis all also gaining in popularity.

Acquisitions increased 49% last year with Canada leading the way.

The transaction brings the firm's total gross asset value to more than $7 billion in the past 15 months.