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Commercial Real Estate Outlook | realtor.org

Nice economic overview and outlook along with interesting data about commercial real estate.  Commercial buildings of less than 17,000 square feet account for 81% of the total buildings, yet only 29% of the total square footage.  This small commercial real estate (SCRE) sales have increased 8.5% year-over-year in the first quarter, while large commercial real estate (LCRE) sales have decreased 20% year-over-year in the first quarter.  The data would suggest that investors are starting to recognize the value in smaller markets.

A stronger labor market and increasing household formation should keep commercial real estate demand on a gradual incline.

Source: Commercial Real Estate Outlook | realtor.org