Commercial Real Estate in the US
The Commercial Real Estate industry comprises a diverse set of operators that specialize in a variety of real estate activities, including brokerage, property and facilities management, research and analytics, consulting, valuation, appraisal, construction and asset management. Commercial real estate markets showed signs of recovery in 2013 and have strengthened since. Over the five years to 2018, the industry has experienced relaxed lending conditions and increasing real estate construction. Amid rising consumer spending, the value of private nonresidential construction increased. Industry expansion is expected to continue over the five years to 2023 as the value of private nonresidential construction increases alongside further consumer spending.
The Commercial Real Estate industry consists of companies that construct or develop commercial, industrial and multifamily residential property or provide commercial real estate services, including renting, leasing, managing, buying and selling real estate. Other related services, such as appraisals and consulting, are also included. Construction and activities related to utilities and energy, such as power plants or water treatment facilities, are excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.