{"id":1004512475,"date":"2021-02-04T10:41:35","date_gmt":"2021-02-04T18:41:35","guid":{"rendered":"http:\/\/internal.cpexecutive.com\/?p=1004508595"},"modified":"2021-05-20T23:18:19","modified_gmt":"2021-05-21T07:18:19","slug":"january-2021-must-reads-cpe","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/january-2021-must-reads-cpe\/","title":{"rendered":"CPE\u2019s January 2021 Must-Reads"},"content":{"rendered":"

\"\"<\/a><\/p>\n

As is the case with a new year, we started 2021 by looking back at the trends, events and companies that shaped the real estate industry in 2020. The tallest new buildings of 2020<\/a>, the places where office sales volume shot up last year<\/a>, as well as the performance of net lease cap rates<\/a> were on our radar in January. But a new beginning also brings along the opportunity to look ahead at what the new year has to offer. In a conversation with three commercial real estate experts<\/a>, we discussed how they expect the market to perform in 2021. We also sat down with Avison Young\u2019s Greg Martin to talk about what\u2019s ahead for the office sector<\/a>. Considering that commercial construction activity declined last year, we looked at how costs are likely to impact deliveries in 2021<\/a> and beyond, as well as where to find the best markets for commercial real estate development<\/a> this year.<\/p>\n

And with a new administration in the White House, the real estate industry has taken stock of President Biden\u2019s agenda<\/a>. Biden\u2019s climate-focused executive order<\/a> signed toward the end of the month could have deep implications for the industry, moving away from the previous administration\u2019s climate regulation rollback measures.<\/p>\n

As the number of COVID-19 cases throughout the country continued to rise in January, vaccine rollout is expected to play a significant role in economic recovery. According to an Integra Realty Resources report, vaccines could help office workers return to the physical office<\/a> as early as the third quarter, while the industrial sector will be in recovery or expansion mode this year. In the last week of January, Google announced the opening of its office spaces as vaccination sites<\/a>.<\/p>\n

In a sign that 2021 is shaping up to be much brighter for transaction activity, the year kicked off with the closing of a few noteworthy deals and investment vehicles: Americold Realty Trust\u2019s $1.7 billion acquisition<\/a> of Agro Merchants Group, KKR\u2019s $1.7 billion investment fund<\/a> in the Asia Pacific, MedCraft Healthcare Real Estate and Cadence Healthcare Group\u2019s $500 million medical office building investment platform<\/a>.<\/p>\n

Here are CPE<\/em>\u2019s must-reads for last month:<\/p>\n

CPE Names 2020 Distinguished Achievement Award Winners<\/h2>\n
\n
\n
The 10th edition of the awards program honors the industry\u2019s outstanding deals, projects and professionals. Read the eBook now!<\/div>\n<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n

\n

Podcast: Real Estate Sentiment Remains Negative, But Glimmers of Hope Appear<\/h2>\n
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Although investor and occupier sentiment indices were improving by the end of 2020, expect a bumpy recovery, warn RICS economists. Tune in for more insights!<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n

\n

Top Projects That Will Reshape Los Angeles<\/h2>\n
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Construction activity hasn\u2019t lost steam in L.A., where developers are moving ahead on massive mixed-use projects and infrastructure improvements that are transforming the city.<\/div>\n<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n

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Brookfield Property Partners Could Go Private in $5.9B Bid<\/h2>\n
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Brookfield Asset Management intends to buy the remaining units of its real estate subsidiary.<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n

\n

National Industrial Report \u2013 January 2021<\/h2>\n
Rents in the sector increased 4.8 percent last year, according to the first industrial survey by CommercialEdge.<\/div>\n

READ MORE<\/a><\/p>\n

\n

New York City Construction Activity Hits 8-Year Low<\/h2>\n
In its fourth-quarter construction activity report, the Real Estate Board of New York said much-needed infrastructure projects could make up for the decline in building.<\/div>\n

READ MORE<\/a><\/p>\n

\n

Will 2021 Bring Property-Tax Relief?<\/h2>\n
\n
COVID-19, wildfires and civil unrest all threatened property values and tax revenues in 2020, notes Foster Garvey attorney Cynthia Fraser.<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n

\n

Tech Tenants Inject Some Heat Into Tepid Office Leasing Market: CBRE<\/h2>\n
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The industry was a standout in a year when total leasing volume for the 100 largest deals declined 32 percent.<\/div>\n<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n

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Global CRE Investment Activity Could Surge by 50%: Colliers<\/h2>\n
\n
No less than 88 percent of survey respondents in the U.S. are planning their next real estate acquisition in the first quarter of 2021.<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n

\n

Baltimore\u2019s Port Covington Ramps Up After Financing Boost<\/h2>\n
\n
The $5.5 billion project is kicking off vertical construction on more than 1.1 million square feet of mixed-use space.<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Catch up on our most important stories, interviews, rankings and analyses from last month.<\/p>\n","protected":false},"author":753,"featured_media":1004517788,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,22251,23891,21742],"tags":[48914],"class_list":["post-1004512475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-in-focus","category-national","category-latest","tag-mustreads"],"acf":[],"yoast_head":"\nCPE\u2019s January 2021 Must-Reads - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/january-2021-must-reads-cpe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CPE\u2019s January 2021 Must-Reads\" \/>\n<meta property=\"og:description\" content=\"Catch up on our most important stories, interviews, rankings and analyses from last month.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/january-2021-must-reads-cpe\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-04T18:41:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-21T07:18:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/CPEs-Must-Reads.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"827\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Razvan Cimpean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/january-2021-must-reads-cpe\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/january-2021-must-reads-cpe\/\",\"name\":\"CPE\u2019s January 2021 Must-Reads - 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