But, the market will perform better than it did during the last recession because of a more thoughtful approach to development this cycle.
Analysts expect the top life science clusters to have a long runway ahead, despite the market dislocation.
A report by Moody's Analytics Real Estate Information Services predicts prolonged constructin delays in the apartment, retail and office sectors based on a comparison to the Great Recession of 2008.
Sponsored by Hendy
Sponsored by RealPage
- Exclusive discounts on ALM and GlobeSt events.
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.
Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.