Rents Rising, Vacancy Rates Declining Through 2017

10/28/2015 |

Survey projects three more years of favorable real estate conditions

Office building

The commercial real estate market is expected to continue expanding at healthy, steady levels through 2017, according to a new economic forecast survey that predicts commercial real estate prices to rise by 10% in 2015, 6% in 2016 and 4.5% in 2017.

The ULI Real Estate Consensus Forecast, a semi-annual survey of economists and analysts, also projects commercial property rents to rise for all four major property types: 2% in retail, 4% in offices, 4.6% in multifamily, and 4.9% in industrial in 2015, with gains expected to continue for all four property types through 2017.

Additionally, the Consensus Forecast projects a slight decline in vacancy rates for office and retail from 2015 to 2017, while industrial availability and hotel occupancy rates will rise slightly in 2015 and plateau in 2016 and 2017.

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See how professionals like you are taking advantage of the highest performing precision cooling system for their computer rooms and data centers, and why Data Aire is fast-becoming the number one choice for facility managers and building owners looking to decrease their energy consumption. 

Data Aire understands how digital technology and data gravity is rapidly impacting and transforming businesses. That’s why they developed ultra-efficient cooling technology to support the most modern (and not-so-modern) data centers.  Learn how One Wilshire in Los Angeles, one of the most advanced carrier hotels today, is surpassing California's strict energy efficiency requirements with Data Aire’s purpose-built system, which provide full-economization for 260 days – almost 72% of the year. That’s a measurable savings! Furthermore, the projected PUE on an annual basis for a full load is at or below 1.2.


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