What I'm Reading Slow Motion Crash? Two years after the initial covid outbreak, vacancy rates continue to climb in major office markets around the country, taking a toll on property performance. Barclays analysts noted last week that the share of office mortgages that have been assigned to either "watchlists" of...
January 22nd – Deluge
What I'm Reading Deluge: Office occupancy losses hit record lows in 2020, totaling 84MM square feet with more than half of the losses occurring in CBDs. Expensive markets with a high concentration of tech-and energy-companies were the most impacted. The only relative bright spots were secondary and tertiary markets, which...