What’s Driving the CRE Uptick
ByNetwork with the nation’s top CRE dealmakers at RealShare APARTMENTS in Los Angeles on Oct 21-22,RealShare INDUSTRIAL in Atlanta on Nov 3-4, RealShare NEW LEASE WEST in Los Angeles on Nov 11-12 andRealShare HEALTHCARE REAL ESTATE in Scottsdale, AZ on Dec 2-3.
Chicago has been among the highest-volume commercial property markets year to date.
CHICAGO—In 2015, there have been positive upticks in commercial transaction volume and value. What are the drivers? That was the first question in a Twitter discussion held Wednesday, where GlobeSt.com served as an expert participant, along with George Ratiu, director of commercial research at the National Association of REALTORS, and experts from Inland Group.
The answer? According to Inland Group experts, “In addition to the US economy stabilizing, reduced commercial real estate inventory has amplified demand and accelerated price growth.”…