Posted on January 25, 2018
Hard to believe 2017 has come… and gone. With another year of commercial real estate behind us many are asking what the future holds for lease rates, construction costs, cap rates, and a myriad of other factors.
I think we need only look at the analytics of last year to see what lies in wait for 2018. I’m optimistic as the market doesn’t seem to suggest a slow down of sorts in the immediate future. For instance, limited construction, strong absorption, and rising rates suggest that purchasing will become more appealing to many as the opportunity (or option) to wait for appropriate lease space may not be available.
To review the year-end reports for all market types and categories, click here. This will take you to our Newmark Grubb ACRES site where you read, download, and review reports for all products.