As one of the world’s biggest property investors, Brookfield has also been doubling down on the return of workers to their offices after the pandemic.

The country’s ports are experiencing a reduction in backlogs. But global instability is leading companies to hoard warehouse space.

The Grand LA will include a 28-floor Conrad hotel and a 45-story apartment tower that will open this summer. The retail section will debut in 2023.

The firm said last week that it plans to partner with developer Sterling Bay to build an office tower on Brickell Bay, which spans less than a mile in the city’s business district.

Multifamily and industrial continue to be in demand among commercial real estate investors, in spite of the new challenges. But the investment environment is changing and with it the calculus for which assets to invest in.

The country’s busiest port complex is still battling bottlenecks across the board, with an influx of goods for holiday sales and the easing of lockdowns in China.

Over the next three years, Nashville is expecting an influx of five-star hotel brands that include 1Hotel, Edition, Conrad, and Ritz-Carlton, plus a full renovation of the city’s grand dame, The Hermitage.