Starwood Buys Decatur Apartment Project For $82M

Tenant demand in the office market has been increasingly favoring shorter-term lease deals, a trend that complicates how much buildings are worth.

This shift has created more flexibility for tenants who don't want to be locked into a long-term lease, and it has helped landlords fill spaces in their buildings that may otherwise sit vacant.

Despite the move toward shorter-term leases, office buildings still achieve higher valuations when they have the stability of long-term leases, and landlords have had to work to make lenders and investors more comfortable with the flexible deals their tenants crave.

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In Case You Missed It...

The past three months have yielded a cascade of pledges from commercial real estate companies to address the industry's glaring whiteness problem.

Now chasing after candidates from diverse backgrounds, some companies will turn to recruiters who specialize in diversity, expecting to get a stack of candidates to vet. Little do they know that if they work with a serious diversity and inclusion recruiter, they should expect to be heavily vetted themselves first.

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In this series, Make Yourself At Home, we are hearing from members of the commercial real estate industry about how they are managing this new reality and gaining insight into their day-to-day approaches. You can subscribe on iTunes and Spotify.

In this episode, we hear from Angele Robinson-Gaylord, the president of the North America Real Estate Cluster at Ikea Group. She speaks here about the Swedish company's workplace culture, her experiences as a Black woman in commercial real estate and the furniture giant's pivot from box retail to smaller concept stores. …

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