The National Association of Realtors recently published their Commercial Real Estate Outlook for 2015.Q2. It’s an excellent report and is certainly worth reading! Here’s why.
The Economic Overview section contains information on the national economy, including GDP, business investments, manufacturing activity, government spending, consumer spending, employment and consumer confidence. Summary data is included.
Next, there is a discussion of the commercial real estate market, including commercial real estate fundamentals, office absorption, industrial markets, retail markets, multifamily demand, investment sales and available commercial inventory. Also, there is a chart comparing key metrics for the office, industrial, retail and multifamily markets.
And last but not least, there is a Commercial Forecast of Metro Vacancy Rates for approx. 80 U.S. cities, including Chattanooga, Nashville, Knoxville, Memphis, Atlanta, Birminham and various other southeastern cities.
If you are a current or prospective commercial real estate investor I urge you to read this report in its entirety.
Simply click here to read the full report.