Monday, June 11, 2018

Commercial Real Estate Pricing Growth Stagnant As Retail Prices Offset Industrial Gains

bisnow.com
Green Street Advisors released its Commercial Property Price Index on Friday, finding that commercial prices across the country rose 1% over the past 12 months, with three- and one-month splits at 0% and 1%, respectively. Within the flatness are two sectors pulling in opposite directions. 

In the past year, mall prices dropped 12% and strip retail dropped 3%, the only two sectors to see declines over that period. Industrial real estate, which includes distribution centers, rose 15% and is easily one of the hottest sectors in the market. The disparity between retail and industrial values reflects the changing way consumers spend their money.. . . more