Travis Barrington

For the first time since the pandemic upended the office sector, the leasing data no longer needs an asterisk. According to Savills’ newly released State of the U.S. Office Market report, occupiers leased 127.3 million square feet of office space in the first half of 2026, the strongest first-half total since 2019 and 13 percent ahead of last year.

Brookfield Asset Management and CPP Investments have agreed to acquire LXP Industrial Trust for approximately $5.2 billion, including debt and preferred equity, adding 53 million square feet of warehouses and distribution facilities to their combined holdings. LXP shareholders will receive $61.20 per share in cash, a 12.3 percent premium to the company’s 30-day average price and a 19.8 percent premium to its 90-day average through July 17.

For most of the past two years, the multifamily industry has talked about artificial intelligence the way it once talked about virtual tours and chatbots, as an inevitability whose business case was still being worked out. Apartments.com is now trying to move that conversation from possibility to proof.