Economic Update | March 19, 2021

by | Mar 19, 2021

American Rescue Plan President Biden signed into law the $1.9T American Rescue Plan Act, the third major fiscal stimulus legislation passed by Congress in response to the COVID-19 pandemic. Congress has now appropriated $6T in total relief to the public during this...

Will Money Come Back into Gyms and Other Hard-Hit Sectors?

by | Mar 17, 2021

If sales for those assets increase, cap rates could move up. In 2020, the office and industrial sectors accounted for nearly 81% of the single-tenant net lease investment sales activity, according to the Stan Johnson Company Q4 Net Lease Market Snapshot. While...

New Phase I ESA Standard Coming in 2021

by | Mar 16, 2021

Brush up on the top 6 potential changes to the ESA Standard (ASTM E1527). When there’s a change that affects around 70,000 commercial real estate deals a year, it’s a big deal. This is about to happen in 2021. I’m talking about the Phase I Environmental Site...

Industrial Pricing Jumps to $145 Per Square Foot

by | Mar 12, 2021

In Q4 2020, industrial saw $11.9 billion in sales volume at an average price per square foot of $100 per square foot. Industrial didn’t miss a beat in 2020. And it looks like prices in the asset class will continue rising in terms of sales volume and price per square...