CRE Fundamentals, Drivers, and Trends
Where CRE Fundamentals Stand And What It Means For Investors?
Opportunity Exists In CRE, Even In Hard-Hit Sectors
Local market dynamics can outweigh strong macro trends; some markets have stable or improving office vacancy rates, despite broad-based headwinds
Opportunities in impacted CRE segments highlight the importance of looking beyond national trends
Retail and Industrial Outperforming as Sectors
The multi-tenant retail sector now has vacancy below the 1Q 2020 level in 24 major U.S. markets
Industrial properties are also recording lower vacancy in 40 of 48 tracked metros, spurred by 52 consecutive quarters of positive net absorption
Investors Should Look Beyond The Headlines
All property types have locations, segments, and asset types that have exceeded national performance trends
Opportunities exist in the market despite economic headwinds if investors stay alert and active
*From 1Q 2020 to 1Q 2023
Sources: Marcus & Millichap Research Services, CoStar Group , Inc., RealPage Inc
