As a commercial investor or business owner you likely know that Commercial Real Estate trends lag Residential very significantly. Now, Commercial sales are pacing up.
But one metric is not pacing with Residential and that is available inventory.
Here’s the conundrum…
While there is 18% available inventory it is slow to move unlike available residential inventory.
Not all of the 18% available inventory is DESIRABLE!!! Further complicating this situation is that new commercial starts are reserved. Commercial developers are cautious about making major financial investments. Look for more build-to-sppec developments.
What does this mean to an investor or business owner? You need to be thinking about your needs 2 years out.
Make it a great day!