With the country in the grips of elevated economic uncertainty, some investors are pushing the pause button. But Marcus & Millichap's global director of research and advisory services, John Chang, said investors should consider one important question: What were you doing five years ago?
“Normally, I couldn't tell you what I was doing five years ago, but this week, I actually do know,” he said in a research video. “I was transitioning to a whole new world. My entire team was shifting to working from home as the COVID outbreak hit like a tidal wave.”
Chang said the world has faced some of the most extreme uncertainty and disruption during the past five years, yet the commercial real estate market has remained a relatively strong investment option. Looking at the four major property types illustrates this stability.
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