Capitalize on these commercial real estate opportunities this year.
While there has been concern about an economic downturn, commercial real estate experts suggest that 2020 could be a strong year for the commercial real estate industry. Curious to see what experts are predicting this year? Then here’s what your commercial realty advisors have to report.
According to a new report by CBRE, the commercial real estate industry is expected to perform well in 2020. In fact, experts predict that the sector could see between $478 and $502 billion in investments, keeping on par with the last two years. Multifamily housing, retail, data centers, office spaces, and industrial buildings are expected to be the top-performing markets.
CBRE credit low inflation and interest rates as contributing to their expectations for a strong 2020. Additionally, their predictions are influenced by strong consumer spending and increased capital flows. While there has long been talk of a coming recession, experts point out that the effects of the Fed’s cut rates in 2019 will stimulate the economy and help prevent slowdown. However, experts also note that there is concern that market growth will be affected by uncertainty regarding trade negotiations and the upcoming presidential election.
This is what you need to know about opportunities in the commercial real estate market for 2020. Interested in staying up to date with the latest commercial real estate news? If so, then contact the experts at California Commercial Realty Advisors, Inc. Your commercial realty advisors are eager to assist you with all your real estate needs today.
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