Both Austin and Dallas have a long history as strong office markets and fundamentals for both markets were healthy before the COVID-19 shutdown, so KBS believes these markets will rebound.
LogistiCenter at Southport industrial distribution facility demonstrates that replacement cost rents have returned to Sacramento and industrial is poised for growth, says Schaal Realty Advisors principal Tom Schaal.
The strong office market continued at the start of 2020 as vacancy moved down slightly, from 20.1 to 19.7%, driven by solid first quarter absorption of almost 1.2 million square feet, according to the latest office report by JLL.
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