The U.S. commercial real estate market continues its positive trend in 2015. There is evidence of increased absorption and an overall decrease in vacancies across all commercial property types. Continued low cost of capital allows developers to meet the ever-increasing demand for commercial real estate.
In the US, multi-family development has been and continues to be the most active development sector, while the development of office and industrial properties is on the upswing. The renovation and repurposing of mixed-use properties continues to be a significant trend in many Central Business Districts to support increasing populations and urbanization. Supply-chain efficiencies and e-commerce are driving the need for more warehouses and storage facilities. The obtainability of capital and desirable yields will support demand for commercial real estate, and will likely offset any increased cost of funds for the remainder of 2015.
Read more about the U.S. commercial real estate market here!
Larissa Kriksciunas
Analyst – Toronto, ON Office
Phone: (416) 362-2122 ext. 220
lkriksciunas@largocapital.com
