As Founder and President of Franzwa Real Estate Advisors, LLC, I am thrilled to release our new website. Effective H2 2021, we have presented our current Industry Viewpoints for our four property sectors: Office, Life Sciences/R&D, Industrial/Flex and Medical Office. As each quarter progresses, we will update Industry Trends and collect them under Market Trends & Insights so you can stay up to date.
The flight to quality continues as Tenants pull up stakes in poorly managed buildings with a “we’re not going to take it anymore” attitude with a move toward Class A space. They are happy to pay close to the same rent (fair market rents) to be in a building owned by a stable, reliable Landlord who keeps up on building maintenance and janitorial services. These horizontal moves account for a substantial amount of activity in the market with some notable size reductions.