IMARC Group has published a market research report titled “United States Commercial Real Estate Market Report by Type (Offices, Retail, Industrial, Logistics, Multi-Family, Hospitality), and Region 2024-2032“, United States commercial real estate market size is projected to exhibit a growth rate (CAGR) of 2.61% during 2024-2032.
The changing business demands with the economic conditions are the factors responsible for the growth of the United States commercial real estate market. Additionally, one of the key trends is the increasing requirement for flexible workspaces, which has been accelerated by the COVID-19 pandemic. Companies are rethinking their office space requirements, favoring flexible lease terms and coworking spaces over traditional long-term leases. This trend is supported by the rise of remote and hybrid work models, which reduce the need for large, permanent office spaces. Moreover, there is a growing interest in properties that offer advanced technological infrastructure and amenities that support modern work environments. This includes high-speed internet, smart building systems, and collaborative spaces that enhance productivity and employee well-being.
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United States Commercial Real Estate Market Trends and Drivers:
Another major driver of the United States commercial real estate market is the booming e-commerce sector, which is significantly increasing the demand for industrial and logistics properties. As online shopping continues to grow, logistics companies are seeking strategically located warehouses and distribution centers to improve their supply chain efficiency with reduced delivery times. This has led to a surge in the development of industrial real estate, particularly in areas with easy availability to transportation hubs and major urban centers which is acting as another growth-inducing factor. Furthermore, the shift towards sustainable and energy-efficient buildings is influencing the growth, as investors and tenants prioritize properties that align with environmental, social, and governance (ESG) criteria which is anticipated to drive the United States commercial real estate market over the forecasted period.
Report Segmentation:
The report has segmented the market into the following categories:
Type Insights:
- Offices
- Retail
- Industrial
- Logistics
- Multi-Family
- Hospitality
Regional Insights:
- Northeast
- Midwest
- South
- West
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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