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Real Estate Survey Predicts Office Market Still in Decline

July 7, 2020

Via: ENR
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The only bright spot in a national real estate market in terrible shape, thanks to COVID-19, is an uptick in demand for industrial warehouse space due to increased online shopping deliveries during lockdowns, according to a recent survey. Cold storage and last-mile warehousing are particularly strong.

Other sectors least affected by the pandemic are health care/medical and rental apartments, according to the 2020 Mid-Year Sentiment Survey, conducted by real estate advisory firm RCLCO.

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