The supply chain is growing and improving throughout the U.S. with the emergence of last-mile facilities and delivery – and Mexico and Latin America are presenting new opportunities for relocation, investment and supply chain extension.
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The pandemic has companies pondering how much space they need. Major landlords have been hit hard with city’s economy shut.
Quarantine, social distancing, and the limited ability to be active and engaged is taking a toll on people around the globe.
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U.S. office market is signaling coronavirus distress, but here's why some see opportunity for growth
What’s in store for the U.S. office market post-coronavirus? Adam Subber, Managing Principal in Cresa's Boston office, comments.
In Q3, certain demand suppressed in H1 was released. However, as two new buildings entered the market with a total GFA of 190,000 sqm, the city’s vacancy rate was pushed up to 19.1%. Due to the increasing vacancy rate and tenants’ tight budget, several landlords without healthy tenant mix or under leasing pressure kept lowering rents and being flexible in rental negotiations, the Grade A office market thus saw rental decline in Q3.