Nearly 14 million square feet of retail space has converted to industrial space since 2017–a trend likely to increase as e-commerce expands and industrial rents increase, said CBRE, Los Angeles.
Group Newslink: MBA Commercial/Multifamily NewsLink Aug. 6
New Legislation Would Aid Cash-Strapped Commercial Property Owners
Wall Street Journal, July 29, 2020–Ben Eisen (subscription)The bill, expected Wednesday, would set up a government-backed funding vehicle businesses could tap to stay current on their mortgages. It is meant …