A Commercial Real Estate Update and Outlook for Q3 2017
At SVN Cornerstone we want you to be informed about our market and what is going on in the industry. Check out this latest information form the National Association of Realtor’s pertaining to the Commercial Real Estate space and feel free to reach out to discuss your investments!
NAR’s latest Commercial Real Estate Outlook offers overall projections for four major commercial sectors and analyzes quarterly data in the office, industrial, retail and multifamily markets.
Highlights
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Commercial fundamentals are expected to maintain an upward trajectory.
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With employment in business and professional services still driving growth, demand for offices should remain solid.
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The industrial sector continues to ride the tail winds of trade and e-commerce.
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Multifamily properties benefit from a double-dose of boost—rising household formation and a shortage of residential housing—which will keep vacancies in check, even with rising new supply.
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