As the economy shifts and dynamics in business needs alter, so do results for commercial real estate. One recent analysis compared office with industrial as a second added more information on office.
Both are softening, but for different reasons, and the prospects for office are worse, as anyone in the industry might guess given the abundance of information and analysis that have already come out.
According to Colliers, while both industrial and office sales have been softening, the former has been stronger than the latter in 13 of the last 15 quarters. "Prior to that, industrial had never topped office in any quarter, per data from MSCI. Office is in the headlines of late, and much of the press is negative, creating a tremendous opportunity for risk capital willing to deploy."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
