Commercial Real Estate & Business News – November 29, 2021

Industrial sales volume so far this year has already surpassed 2020’s year-end total, with $51.2 billion in deals closed through October. The average sale price of industrial assets is now at $110 per square foot, a 25% increase over…»
The Real Estate Roundtable’s Q4 2021 Economic Sentiment Index finds commercial real estate leaders reporting positive fundamentals across asset classes. Industry leaders describe steady supply, demand and…»
The pandemic-driven nationwide trend of negative net absorption in the office sector is likely coming to an end, according to the latest NAIOP Office Space Demand Forecast. The fourth-quarter report predicts that, despite…»
The cost to build or improve a home since the start of the pandemic has skyrocketed because of the rising prices of lumber, but lumber prices are showing signs of letting up. Futures contracts fell to $536 per thousand board feet of...»
Commercial real estate is seeing the benefits of including tech into many processes, but there’s one place that it has some catching up to do: listings. While many owners now post their available space over the internet, according to…»