The outlook for office and industrial sector remains mostly positive.
Real estate services firm Marcus & Millichap presented its 2019 office and industrial forecast during a webinar on Tuesday, signaling mostly positive outlooks for both sectors as the industry nears the end of this economic cycle. Here are some key points from the presentation.
- All suburban office properties are not the same.
- Single-asset suburban office sales were at record levels in the third quarter.
- This economic cycle has been one of the longest in the U.S., but
one metric that could signal restrained growth is labor force shortages
- Two big inflationary metrics to watch:
- Industrial construction is slowing, but vacancies remain steady.
RSK: This pretty much says the state of CRE to date for Office/Industrial. Good take away.
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- - Volume: 6 - WEEK: 49 Date: 12/4/2018 9:32:46 AM -