The most recent report by real estate data firm Real Capital Analytics (RCA) showed retail investment sales beginning to recuperate in May, with a 76 percent year-over-year increase in transaction volume to $3.4 billion, and asset prices on the rise once again after two consecutive months of annual growth.
Demand for apartments and single-family rentals is rebounding and rents are rising, potentially driving inflationary forces, reports The New York Times. Instacart plans to start building fulfillment centers for supermarkets, according to The Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
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