“This suggests the average lease-up time for new speculative product following delivery in Chicago's industrial market is longer than other markets. This lease-up time will likely be extended further by the Coronavirus pandemic and ensuing economic response,” Colliers states.
Mohr Capital has acquired a property for retail redevelopment in The Woodlands with a plan to raze the 7 Leguas Restaurant building and develop a freestanding Chipotle and Regions Bank branch.
The new fund will provide more than $100 million in low-interest loans to severely impacted small businesses over the coming months, targeting historically under-resourced communities with an emphasis on minimizing hardship for those businesses and their employees.
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