Commercial rents services price index (CRSPI) by North American Industry Classification System (NAICS). Monthly data are available from January 2006 for the total index and from January 2019 for all other indexes. The table presents data for the most recent reference period and the last five periods. The base period for the index is (2019=100).

Graph and download economic data for Producer Price Index by Commodity: Real Estate Services (Partial): Office Buildings, Gross Rents (WPU43110101) from Dec 2008 to Jun 2025 about rent, real estate, gross, buildings, services, commodities, PPI, inflation, price index, indexes, price, and USA.

San Francisco's office rental market showcases significant variation across its submarkets, with Mission Bay commanding the highest rates at *** U.S. dollars per square foot in the third quarter of 2024. This premium location demanded nearly double the city's average rate, highlighting the stark differences in desirability and demand within the city's commercial real estate landscape. Economic powerhouse The San Francisco Bay Area's economic prowess is evident in its impressive economic growth over the past 20 years. The city's strength is fueled by the presence of major technology companies and a thriving startup ecosystem. The region's economic significance extends beyond local boundaries, contributing substantially to California's position as the state with the highest GDP in the country. This economic vitality helps explain the sustained demand for office space across various San Francisco submarkets. Offices: global context and market trends In a global context, San Francisco's office rental rates are relatively high but not the most expensive worldwide. In 2024, London, Hong Kong, and New York emerged as the top three most expensive office rental markets globally. Over the past five years, San Francisco has experienced a decline in office rents. This trend aligns with broader shifts in the office real estate sector, influenced by the COVID-19 pandemic and the rise of hybrid work. Despite these challenges, certain San Francisco submarkets like Mission Bay and The Presidio continue to command premium rates, reflecting their enduring appeal to commercial tenants.

Commercial rents services price index (CRSPI) by North American Industry Classification System (NAICS). Quarterly data are available from the first quarter of 2006 for the total index and from the first quarter of 2019 for all other indexes. The table presents data for the most recent reference period and the last five periods. The base period for the index is (2019=100).

In Texas, Austin was the most expensive market for office space in the second quarter of 2024. The rental rate of class A offices was nearly ** U.S. dollars per square foot, compared to ** U.S. dollars per square foot for El Paso. Dallas, which is the largest office real estate market in the state, had rental rates of about **** U.S. dollars for all classes and **** U.S. dollars for class A offices. In the United States, Manhattan, San Francisco, and Silicon Valley-South Bay fetch the highest office rental rates.

Commercial leasing providers serve as lessors of buildings for nonresidential purposes. Industry participants include owner-lessors of nonresidential buildings, establishments that rent real estate and then act as lessors in subleasing it and establishments that provide full-service office space. Through the end of 2025, lessors have experienced mixed demand from critical downstream market segments. Since the onset of COVID-19, demand for office space has been volatile amid work-from-home and hybrid work arrangements. However, demand for industrial and retail spaces has risen, bolstered by gaining e-commerce sales and resilient consumer spending, buoying industry revenue. Over the past five years, industry revenue has climbed at a CAGR of 0.6% to reach $257.5 billion, including an estimated 0.7% gain in 2025. From 2020 to 2022, commercial leasing companies benefited from low interest rates, stimulating business expansion. However, in response to surging inflation, the Federal Reserve began raising interest rates in 2022 and continued into 2023. Rising interest rates translated into higher borrowing costs for tenants seeking new leases for their business operations. This can make expanding or relocating to a larger space more expensive. The industry benefited from three interest rate cuts in 2024. Industry profit remains high, reaching 51.6% of industry revenue in 2025. Industry revenue will climb at a CAGR of 2.6% to $292.9 billion through the end of 2030. Demand for office space will remain subdued over the next five years. However, a shortage of prime office spaces will elevate rent for Class A office buildings, benefiting lessors with those in their portfolios. Per capita disposable income growth and a continuation of climbing consumer spending will bolster demand for retail spaces, especially in suburban and Sun Belt markets. E-commerce sales will continue to power demand for industrial space as the percentage of e-commerce sales to total retail sales will mount.

Rental rates in the United States increased steadily since 2008. In 2023, the producer price index for gross rent in office buildings reached ***** index points. This means that between 2008 when the index value was set to 100 and 2023, gross office rents grew by about ** percent. Manhattan, San Francisco, and Boston are among the biggest and most expensive markets for office space in the United States.

The Back Bay district was the most expensive real estate market for office space in Boston in the third quarter of 2024. On average, the average asking rent was about ** U.S. dollars per square foot of office space. Downtown Boston, the market with the largest inventory of office space among Boston districts, had the second highest rent, at about ** U.S. dollars. The gross rental rate usually includes costs for utilities and other general maintenance expenses.

Graph and download economic data for Commercial Real Estate Prices for United States (COMREPUSQ159N) from Q1 2005 to Q3 2024 about real estate, commercial, rate, and USA.

The average asking rent for retail real estate in the United States has increased steadily since 2020. In the first quarter of 2025, the average square footage asking rent reached ***** U.S. dollars, while the average effective rent amounted to ***** U.S. dollars. Nevertheless, rents varied greatly in different regions in the U.S. The Western region of the country had the highest rent for shopping center space.

Malls had the most expensive rental space among the different types of retail real estate in the United States in 2023. As of the fourth quarter of the year, the average rent in malls was ***** U.S. dollars per square foot, compared to ***** U.S. dollars for all retail. General retail space, defined as single-tenant freestanding commercial buildings with parking, such as drugstores, grocery stores, and street front urban retail stores, had some of the lowest vacancy rates.

The US office real estate market, while facing headwinds from remote work adoption, demonstrates resilience and ongoing growth. The market size, estimated at $1.5 trillion in 2025, is projected to experience a compound annual growth rate (CAGR) exceeding 4% through 2033, driven by several key factors. Increased urbanization and population growth in major metropolitan areas fuel demand for office space, especially in sectors like Information Technology (IT and ITES), Manufacturing, and BFSI (Banking, Financial Services, and Insurance). Furthermore, the ongoing expansion of consulting firms and other service-based industries continues to contribute to this demand. However, the market faces challenges from evolving work models, with hybrid and remote work arrangements impacting overall occupancy rates. Technological advancements are also transforming the office landscape, pushing for more efficient and technologically advanced spaces, driving demand for renovations and new construction. Major players like Hitt Contracting, Kiewit Corporation, and others are navigating these trends, adapting their strategies to meet the changing needs of their clients. The market segment breakdown will likely reflect the ongoing growth in tech and service sectors, while traditional industries continue to hold significant shares, albeit with potentially slower growth rates. Regional differences will persist, with major metropolitan areas such as New York, Los Angeles, Chicago, and San Francisco likely continuing to dominate the market, but secondary and tertiary markets may experience slower, yet steady growth based on local economic conditions. The long-term forecast anticipates sustained growth, albeit at a potentially moderated pace, due to the evolving work landscape. Strategic investments in building renovations, advanced technologies, and flexible lease agreements are crucial for navigating the market's dynamics. The competition among major players will remain intense, with emphasis on providing value-added services and adapting to tenant preferences. Geographic diversification will be key for companies to mitigate risk and capitalize on growth opportunities across different regions. The successful firms will leverage data analytics, sustainability initiatives, and a deep understanding of tenant needs to thrive in this dynamic and evolving market. This comprehensive report provides an in-depth analysis of the USA office real estate industry, covering the period from 2019 to 2033. It offers invaluable insights into market size, segmentation, trends, and future growth projections, encompassing key sectors like Information Technology (IT and ITES), Manufacturing, BFSI (Banking, Financial Services, and Insurance), Consulting, and Other Services. With a focus on the estimated year 2025 and a forecast period extending to 2033, this report is essential for investors, developers, and industry professionals seeking to navigate the complexities of this dynamic market. The report utilizes a base year of 2025, with a historical period spanning 2019-2024 and a forecast period of 2025-2033. This detailed analysis leverages high-search-volume keywords, like commercial real estate, office space, USA office market, real estate investment trusts (REITs), and office leasing, to ensure maximum online visibility. Key drivers for this market are: Increasing Disposable Income and Middle-Class Expansion, Increased Awareness of Roofing Solutions. Potential restraints include: The presence of counterfeit or substandard roofing materials in the market poses a significant challenge, The roofing industry faces a shortage of skilled labor. Notable trends are: Increase in Leasing Volumes.

Graph and download economic data for Rental and Leasing of Office and Professional Space for Lessors of Real Estate, All Establishments, Employer Firms (LORERALOOAP45311) from 2015 to 2022 about lessors, employer firms, professional, leases, rent, real estate, establishments, and USA.

Germany Commercial Property Market Index: 127 Cities: Average City Centre Office Rent data was reported at 114.360 1990=100 in 2019. This records an increase from the previous number of 107.870 1990=100 for 2018. Germany Commercial Property Market Index: 127 Cities: Average City Centre Office Rent data is updated yearly, averaging 89.865 1990=100 from Dec 1990 (Median) to 2019, with 30 observations. The data reached an all-time high of 114.360 1990=100 in 2019 and a record low of 79.810 1990=100 in 2005. Germany Commercial Property Market Index: 127 Cities: Average City Centre Office Rent data remains active status in CEIC and is reported by Bulwiengesa AG. The data is categorized under Global Database’s Germany – Table DE.EB004: Property Market Index.

CPPI: YoY: Jabodebek: Retail: Rent data was reported at -0.465 % in Mar 2019. This records a decrease from the previous number of -0.333 % for Dec 2018. CPPI: YoY: Jabodebek: Retail: Rent data is updated quarterly, averaging 2.993 % from Mar 2013 (Median) to Mar 2019, with 25 observations. The data reached an all-time high of 17.940 % in Jun 2013 and a record low of -3.143 % in Mar 2018. CPPI: YoY: Jabodebek: Retail: Rent data remains active status in CEIC and is reported by Bank of Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.EF003: Commercial Property Price Index: YoY. Prior Q2-2014, the scope of Commercial Property Price Index was Jakarta, Bogor, Depok, Bekasi (Jabodebek), Banten, and Bandung. Since Q2-2014 onwards, the index adds Makassar in its coverage. Sebelum Q2-2014, cakupan Indeks Harga Properti Komersial adalah Jakarta, Bogor, Depok, Bekasi (Jabodebek), Banten, dan Bandung. Sejak Q2-2014 dan seterusnya, indeks menambahkan Makassar dalam cakupannya.

Commercial valuation data collected and maintained by the Cook County Assessor's Office, from 2021 to present. The office uses this data primarily for valuation and reporting. This dataset consolidates the individual Excel workbooks available on the Assessor's website into a single shared format. Properties are valued using similar valuation methods within each model group, per township, per year (in the year the township is reassessed). This dataset has been cleaned minimally, only enough to fit the source Excel workbooks together - because models are updated for each township in the year it is reassessed, users should expect inconsistencies within columns across time and townships. When working with Parcel Index Numbers (PINs) make sure to zero-pad them to 14 digits. Some datasets may lose leading zeros for PINs when downloaded. This data is property-level. Each 14-digit key PIN represents one commercial property. Commercial properties can and often do encompass multiple PINs. Additional notes: Current property class codes, their levels of assessment, and descriptions can be found on the Assessor's website. Note that class codes details can change across time. Data will be updated yearly, once the Assessor has finished mailing first pass values. If users need more up-to-date information they can access it through the Assessor's website. The Assessor's Office reassesses roughly one third of the county (a triad) each year. For commercial valuations, this means each year of data only contain the triad that was reassessed that year. Which triads and their constituent townships have been reassessed recently as well the year of their reassessment can be found in the Assessor's assessment calendar. One KeyPIN is one Commercial Entity. Each KeyPIN (entity) can be comprised of one single PIN (parcel), or multiple PINs as designated in the pins column. Additionally, each KeyPIN might have multiple rows if it is associated with different class codes or model groups. This can occur because many of Cook County's parcels have multiple class codes associated with them if they have multiple uses (such as residential and commercial). Users should not expect this data to be unique by any combination of available columns. Commercial properties are calculated by first determining a property’s use (office, retail, apartments, industrial, etc.), then the property is grouped with similar or like-kind property types. Next, income generated by the property such as rent or incidental income streams like parking or advertising signage is examined. Next, market-level vacancy based on location and property type is examined. In addition, new construction that has not yet been leased is also considered. Finally, expenses such as property taxes, insurance, repair and maintenance costs, property management fees, and service expenditures for professional services are examined. Once a snapshot of a property’s income statement is captured based on market data, a standard valuation metric called a “capitalization rate” to convert income to value is applied. This data was used to produce initial valuations mailed to property owners. It does not incorporate any subsequent changes to a property’s class, characteristics, valuation, or assessed value from appeals.Township codes can be found in the legend of this map. For more information on the sourcing of attached data and the preparation of this datase

Global Real Estate Rental market size is expected to reach $3862.88 billion by 2029 at 7.4%, segmented as by type, residential buildings and dwellings rental services, non-residential buildings rental services

Property managers are hired to oversee operations for apartment complexes and other rental sites. In recent years, the property management industry has seen an oversupply of high-end apartments, leading to heightened competition among property managers and slower lease-ups. This has resulted in downward pressure on rent growth and flattened or declining rents in certain regions. In the office space sector, elevated interest rates have significantly decreased new office construction. Limited new stock increases the appeal of prime buildings and gives owners a strong negotiating position, leading to rent gains for Class A buildings. Demand for apartments has remained robust, as climbing home prices and elevated mortgage rates have made home ownership unaffordable for many households. Through the end of 2025, industry revenue has climbed at a CAGR of 1.9% to $134.2 billion, including a boost of 1.9% in 2025 alone. The gain of short-term rental platforms like Airbnb and VRBO has revolutionized the rental market, with property management firms adapting their services to accommodate these changes. However, persistent inflation and high interest rates present operational challenges for the industry and may strengthen costs. Property managers adopt various strategies to offset these expenses, such as adjusting rents, optimizing costs, streamlining operations through software and technology and renegotiating contracts for fixed-rate agreements. Through the end of 2030, housing affordability issues and slow construction activity will continue to boost the residential property management sector. E-commerce growth will stimulate demand in retail property management, with property managers needing to offer more flexible lease agreements adapted to omnichannel retail strategies. Technological advancements will be pivotal in the industry: AI, predictive tools and digital lease management platforms can streamline operations, improve efficiency and offer valuable insights through data analysis. While adopting these technologies may involve upfront costs, they will likely lead to long-term savings and positive transformations within the industry. Altogether, revenue will climb at a CAGR of 1.8% to reach $146.9 billion in 2030.

The commercial and industrial machinery and equipment rental and leasing services price index measures the changes in the prices of rental and leasing activities for the commercial and industrial machinery and equipment industry.

The Mexico Commercial Real Estate Market is Segmented by Property Type (Office, Retail, Logistics, and More), by Business Model (Sales and Rental), by End User (Individuals / Households, Corporates and SMEs and More), and by States (Mexico City (CDMX), Nuevo León, Jalisco, Querétaro, México State (Edomex) and Rest of Mexico). The Market Sizes and Forecasts are Provided in Terms of Value (USD).