- Investor sentiment elevated for the outperforming sectors – Apartment, Industrial and Self-Storage
- All three property types saw operations hold steady or even improve over the past year
- Economic recovery & positive demographics drove Apartment net absorption to an all-time, record high in 2Q 2021
- Industrial properties, an asset class favored pre-pandemic, got a boost from the jump in eCommerce usage and retailers increasing safety stock amid supply chain disruptions
- Vacancy for Self-Storage dropped to the lowest level ever as remote working/learning drove additional space needs in people’s homes
- All three sectors have strong investor expectations for rising values over the next 12 months:
- - Apartment: 74%
- - Industrial: 74%
- - Self-Storage: 62%
eXp Commercial is one of the fastest-growing national commercial real estate brokerage firms. The Chicago Multifamily Brokerage Division focuses on listing and selling multifamily properties throughout the Chicago Area and Suburbs.
Thursday, September 30, 2021
WHICH CRE PROPERTY TYPES ARE OUTPERFORMING?
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