Eighty-three percent of commercial real estate professionals say they expect stable to improving business in 2020, according to the Commercial Real Estate Market Trends & Outlook Report for February.
Last year’s performance in the commercial sector may be a big factor in what’s driving their optimism heading into 2020. Commercial dollar sales volume increased 4% in 2019 in the fourth quarter compared to a year ago. New leasing dollars rose 3%. Commercial development was up 5% (in square feet), according to NAR’s report.
Continue… https://magazine.realtor/daily-news/2020/02/05/commercial-practitioners-are-upbeat-about-2020