December 2021 Commercial Market Insights
Download (PDF: 3.19 MB)
Surprisingly, the commercial real estate market will close out 2021 with a bang thanks to growing demand in commercial sectors. In fact, thanks to investment acquisitions, the year is poised to surpass pre-pandemic levels. This strong foundation of recovery puts the commercial market on pace for sustained demand for the commercial and investor sectors in 2022. 142.5 million square feet of office space has been shed, however, with more workers expected to return to in-person or hybrid work environments, the office market will continue to increase.