Globest Sectors

Overbuilding, a more volatile geopolitical situation, and physical obsolescence of older, less modern space are some of the sector's headwinds.

Flex office includes coworking, as well as faster-growing models, such as private suites and enterprise offerings, which dedicate offices or entire floors for exclusive use by individual companies.

More than 10,000 apartments are underway.

"Homebuyers feel uneasy making offers on homes with such high asking prices, but there is no better alternative" Redfin reported.

The private equity firm has already closed on the first six properties in the portfolio.

Industrial conversion projects are at an all-time high in Southern California with 12 projects announced already this year alone.

As renter expectations shift and operators rethink operations, a new approach is becoming necessary for a property to stay relevant.

The property comprises two recently-developed, rear-load distribution buildings, which total 407,000 square feet, in Hialeah, FL.