Graph and download economic data for Producer Price Index by Commodity: Real Estate Services (Partial): Retail Properties, Gross Rents (WPU431102) from Apr 2009 to May 2025 about rent, real estate, gross, retail, services, commodities, PPI, inflation, price index, indexes, price, and USA.

The value of retail real estate investment in the United States rose in the fourth quarter of 2024. During that period, the retail real estate sector recorded over 17.6 billion U.S. dollars' worth of investment. Despite the increase, investment activity remained significantly slower than during the 2021 boom.

The CoStar Commercial Repeat-Sales Index (CCRSI) for retail real estate in the United States was the highest in the Northeast region. In December 2024, the index recorded the highest value on record, at 367 index points, reflecting an increase in the sales prices of retail properties. The index measures the development of property sales, with 2000 chosen as a base year. A value of 200 means that sales prices have doubled since 2000.

Global Retail In Real Estate is segmented by Application (Real estate industry, Retail industry, Property development, Investment, Urban development), Type (Retail real estate, Shopping centers, Retail stores, Retail property, Commercial real estate) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

global commercial real estate market size was worth around USD 118.60 trillion in 2024 and is predicted to grow to around USD 142.88 trillion by 2034, (CAGR) of roughly 1.88%

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 commercial real estate (CRE) market, valued at $1.66 trillion in 2025, is projected to experience steady growth, driven by several key factors. Strong economic fundamentals, including a robust job market and increasing demand for office, retail, and industrial space in major metropolitan areas like New York, Los Angeles, and Chicago, contribute to this positive outlook. The ongoing expansion of e-commerce fuels the demand for logistics and warehousing facilities, while the multi-family sector benefits from population growth and urbanization trends. However, rising interest rates and potential economic slowdown pose challenges, potentially impacting investment activity and rental growth. The diverse range of property types within the CRE market creates opportunities and risks. Office space faces ongoing adaptation to hybrid work models, requiring landlords to enhance amenities and improve workplace flexibility. Retail spaces are undergoing transformation, with a focus on experiential retail and omni-channel strategies to compete with online retailers. The industrial and logistics sector remains strong, driven by continued e-commerce growth and supply chain optimization efforts. Competition among CRE companies like Zillow, Keller Williams, and CBRE remains fierce, emphasizing the need for innovation in property management and technological advancements in market analysis and transaction processes. While several cities experience robust growth, others might face localized challenges that influence individual market dynamics. The overall trajectory suggests a moderate expansion, albeit with variations across sectors and geographic locations. Careful consideration of these factors is crucial for successful investment and strategic decision-making within the US CRE industry. The forecast period of 2025-2033 suggests a continuation of these trends. While the 2.61% CAGR indicates a moderate growth rate, significant variations are expected across specific segments. The industrial and logistics sectors are likely to outperform others due to sustained demand, while office space may exhibit slower growth reflecting the ongoing adjustments to hybrid work. Regional variations will also be significant, with major metropolitan areas and technology hubs likely leading the growth trajectory. Understanding these nuances and deploying appropriate risk mitigation strategies will be vital for all stakeholders in the US commercial real estate market. This comprehensive report provides an in-depth analysis of the USA commercial real estate industry, covering the period from 2019 to 2033. With a focus on key market segments – offices, retail, industrial, logistics, multi-family, and hospitality – across major cities like New York, Los Angeles, Chicago, San Francisco, Boston, Denver, Houston, Phoenix, Atlanta, and Salt Lake City, this report offers invaluable insights for investors, developers, and industry professionals. The study utilizes 2025 as the base and estimated year, with a forecast period spanning 2025-2033 and a historical period covering 2019-2024. This report projects the market value in the billions of dollars, providing granular data and analysis of market dynamics. Key drivers for this market are: Increasing number of startups. Potential restraints include: Low Awareness and Privacy Issues. Notable trends are: Industrial Sector Expected to Record High Demand.

Latin America Commercial Real Estate Market size was valued at USD 55.3 Billion in 2024 and is projected to reach USD 85.6 Billion by 2031, growing at a CAGR of 5.6% from 2024 to 2031.

Latin America Commercial Real Estate Market Drivers

Economic Growth: Economic growth in key Latin American countries is driving demand for office space, retail centers, and industrial facilities. Urbanization: Rapid urbanization is leading to increased demand for housing, retail spaces, and commercial centers in major cities. E-commerce Growth: The booming e-commerce sector is driving demand for warehousing and logistics facilities, as well as last-mile delivery centers. Foreign Direct Investment (FDI): FDI inflows, particularly in sectors like manufacturing and technology, are driving demand for office space and industrial facilities.

The Real Estate Adaptation and Innovation within an integrated Retailing system (REPAIR) project, conducted at the University of Glasgow and University of Sheffield, investigated the changes experienced across the retail cores of five UK cities Edinburgh, Glasgow, Hull, Liverpool and Nottingham between 2000 and 2021. The project examined different aspects of the property market and built environment across four separate work streams.

The primary data stored here relates to Work Package C and was collected via semi-structured interviews with landlords and property professional practitioners managing assets and/or providing other property services to investors. The interviews investigate the implications of the structural changes experienced in recent years in city centre retail markets for owners, investors and developers. The findings explore the issues around redundant and vacant properties, and how investment behaviours and property market practices are adapting. The later interviews also capture the effects of the pandemic on retailing centres.

The retail sector is crucial to the economic health and vitality of towns and cities and is a core component of the national economy, but is experiencing an ongoing period of change and the challenges faced by centres are being met in different ways, with different outcomes. Consumers are behaving, shopping and using urban centres in new and diverse ways and many retailing centres have experienced falling footfall, retailer closures and a rise in empty retail units. In an attempt to reverse the cycle of decline, centres need to be multi-functional places and policy-makers are encouraging more mixed use development. Large-scale mixed-use re-development of obsolete stock, novel temporary land uses, events and public realm works are being used to try to make urban centres more attractive and increase their competitive edge. Yet, not everyone is experiencing the benefits of these changes. Mistrust, tension and conflict can arise from land use changes and become barriers to further renewal and change, limiting the effectiveness of these "town centre first" policies. A recent ESRC-funded study undertaken by researchers at Manchester Metropolitan University blamed these tensions and lack of co-operation as significant contributors to the continued declined of retailing in many centres (Parker, 2015).

This project investigates one of the largest stakeholder groups within the sector. The objectives and behaviour of land and property owners, developers and investors are significant to the use and form of retailing centres. The project explores how ownership and the behaviour of this stakeholder group impact on the sector, by exploring issues around changing ownership and use patterns; innovations in design form; the ability of the industry to respond to change; and the ways the group engages and interacts with other stakeholders in urban centres. Thus, it aims to examine how their expectations, perceptions, practices and co-operation help or limit experimentation with new uses, building types and designs.

The mixed method study, using primary and secondary data, explores issues around: whether retailers and landlords in city centres are becoming more or less diverse; whether new design formats, flexible uses and large scale redevelopments can help struggling centres; the extent to which established practices and procedures in the real estate market encourage or even hinder new uses; and whether stakeholders can work together in better ways for the future health of town and city centres. These issues are examined using five case study cities over the period 1997-2017: Glasgow, Edinburgh, Liverpool, Sheffield and Nottingham.

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 Thailand commercial real estate industry is poised for continued growth, driven by favorable economic conditions and increasing foreign investment. The market size is projected to reach $17 million by 2033, with a CAGR of 5.97%. Key drivers of growth include the thriving tourism sector, government infrastructure projects, and urbanization trends. The industry is segmented into various types, including office, retail, industrial and logistics, hospitality, and others. Bangkok, Chiang Mai, Hua Hin, and Koh Samui are among the key cities driving demand for commercial real estate. The industry faces certain trends, including the rise of e-commerce, which poses challenges to the retail segment but also creates opportunities for logistics and warehousing. Sustainability is another growing trend, with developers focusing on energy-efficient and environmentally friendly buildings. While the industry benefits from steady growth, it also encounters restraints such as rising construction costs, regulatory constraints, and economic fluctuations. Despite these challenges, the outlook for Thailand's commercial real estate industry remains positive, supported by strong economic fundamentals and the government's efforts to attract foreign investment. Key companies operating in the market include Colliers International Thailand, Hipflat, Supalai Company Limited, RE/MAX Thailand, Central Pattana PLC, Savills, Dot Property, Knight Frank Thailand, CBRE Thailand, JLL Thailand, Pace Development Corporation PLC, Property Perfect, Blink Design Group, Raimon Land PCL, and DDProperty. Recent developments include: February 2024: Central Retail Corporation, Thailand's leading retailer, set aside THB 22 to 24 billion (USD 613 to USD 669 million) for expansion in 2024., December 2023: FitFlop, a UK-based ergonomic and wellness footwear brand, ramped up its global growth by securing new distributors in Canada, Eastern Europe, and Asia. The brand is further expanding its retail presence in Thailand, teaming up with local partner CMG. Notably, the Thailand store is the first to showcase FitFlop's revamped retail design, aligning it with its contemporary image and marketing campaigns.. Key drivers for this market are: Overall economic growth driving the market, The growth of business and industries driving the market. Potential restraints include: Fluctuating economic conditions hindering the growth of the market, Difficulty in landownership and leasing rights affecting the market. Notable trends are: Growing Demand for Retail Spaces in Thailand.

According to a 2024 survey, real estate experts were more likely to recommend buying retail properties in 2024 than selling. Neighborhood and community shopping centers received the highest share of purchase recommendation, with **** percent of responses. Meanwhile, regional malls had the highest share of hold and sale recommendations, at ** and ** percent, respectively.

Commercial Real Estate Market Outlook

The global commercial real estate market size was valued at approximately $10.3 trillion in 2023 and is projected to reach $15.9 trillion by 2032, growing at a compound annual growth rate (CAGR) of 5.1%. This growth is primarily driven by increasing urbanization, favorable government policies, and technological advancements in the real estate sector.

One of the key growth factors in the commercial real estate market is the rapid urbanization occurring worldwide. As more people move to urban areas, there is an increasing demand for commercial spaces, including office buildings, retail outlets, and industrial facilities. This trend is particularly evident in emerging economies, where urban populations are expanding at unprecedented rates. Moreover, the development of smart cities is also contributing to this growth, as these projects often include significant commercial real estate components.

Favorable government policies and economic incentives are also boosting the commercial real estate market. Many governments are implementing measures to attract investments in real estate, such as tax breaks, grants, and relaxed regulations. These policies are designed to stimulate economic growth and create jobs, making commercial real estate a lucrative investment opportunity. Additionally, the availability of low-interest rates in many regions has made it easier for businesses to finance commercial properties, further driving market growth.

Technological advancements are another major factor propelling the commercial real estate market forward. Innovations such as Building Information Modeling (BIM), augmented reality (AR), and the Internet of Things (IoT) are revolutionizing the way commercial properties are designed, constructed, and managed. These technologies enhance operational efficiency, reduce costs, and improve tenant experiences, making commercial real estate investments more attractive. Furthermore, the rise of e-commerce has increased the demand for logistics and warehousing spaces, adding another layer of growth to the market.

Regionally, the commercial real estate market shows varied growth patterns. North America remains a dominant player due to its well-established infrastructure and strong economic fundamentals. However, the Asia Pacific region is expected to witness the fastest growth, driven by rapid urbanization, rising disposable incomes, and significant foreign investments. Europe also presents substantial opportunities, particularly in the office and industrial segments, as the region continues to recover from economic uncertainties. Meanwhile, Latin America and the Middle East & Africa are emerging markets with significant growth potential, though they face challenges such as political instability and economic volatility.

Property Type Analysis

In the commercial real estate market, the property type is a critical segment that encompasses various categories such as office, retail, industrial, multifamily, and others. The office segment continues to be one of the most significant contributors to the market. Despite the rise of remote work, the demand for premium office spaces in prime locations remains high. Companies are increasingly focusing on creating collaborative work environments, which necessitates investment in modern office spaces with state-of-the-art amenities. Additionally, co-working spaces have emerged as a popular trend, further driving the demand in the office segment.

The retail segment is another vital component of the commercial real estate market. While traditional brick-and-mortar retail faces challenges from the rise of e-commerce, there is a growing trend towards experiential retail spaces. Retailers are increasingly focusing on creating unique, engaging shopping experiences that cannot be replicated online. This has led to the development of mixed-use properties that combine retail, dining, entertainment, and residential spaces, catering to the evolving preferences of consumers.

Industrial real estate is experiencing robust growth, primarily driven by the expansion of e-commerce and the need for efficient supply chain solutions. Warehousing and logistics facilities are in high demand as companies strive to optimize their distribution networks. The rise of technologies like automated warehouses and smart logistics systems is also contributing to the growth of the industrial segment. Furthermore, the increasing focus on sustainability is driving the development of green industrial buildings, which are designed to minimize environmental impact.<

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Commercial Real Estate Market Size 2025-2029

The commercial real estate market size is forecast to increase by USD 427.3 billion, at a CAGR of 4.6% between 2024 and 2029.

The market is experiencing significant growth, fueled by increasing marketing initiatives and the rising emphasis on remote work and online shopping. This trend is transforming the commercial real estate landscape, with a shift towards adaptive spaces that cater to the evolving needs of businesses and consumers. The increasing adoption of marketing strategies, such as digital marketing and experiential retail, is driving demand for commercial properties that can effectively showcase brands and create memorable customer experiences. Additionally, the shift towards remote work and online shopping is leading to a surge in demand for data centers, logistics facilities, and flexible office spaces.
However, this market is not without challenges. The rapid pace of technological advancements and changing consumer preferences pose significant obstacles for commercial real estate developers and investors. The need to adapt to these shifts and stay competitive requires a deep understanding of market trends and the ability to pivot quickly. Furthermore, regulatory changes and economic instability can also impact the market's growth trajectory. To capitalize on the opportunities and navigate the challenges effectively, companies must stay informed about the latest market trends and consumer preferences. Investing in technology and innovation, while also maintaining flexibility and adaptability, will be key to success in the evolving the market.

What will be the Size of the Commercial Real Estate Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with dynamic market activities unfolding across various sectors. Environmental impact assessments are increasingly crucial in property development, shaping the design and construction process. Tenant representation plays a pivotal role in securing suitable spaces for businesses, while 3D modeling facilitates effective space planning and data visualization. Due diligence is an ongoing process, ensuring compliance with legal and regulatory requirements. Property tax assessments, vacancy rates, and property management are essential components of commercial real estate investment strategies. Distressed properties present opportunities for joint ventures and strategic investments, while interior design and machine learning contribute to enhancing tenant experience and optimizing building performance.

Investment properties, industrial properties, and urban planning strategies benefit from big data analytics and virtual tours, enabling informed decision-making. Commercial mortgages and brokerage services facilitate the buying and selling of properties, while occupancy costs and building codes ensure operational efficiency and safety. The market is a complex, ever-changing landscape, with continuous market dynamics shaping its various sectors. From environmental impact assessments to tenant representation, property management, and investment strategies, the integration of various components is essential for success in this dynamic industry.

How is this Commercial Real Estate Industry segmented?

The commercial real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Offices
  Retail
  Leisure
  Others


Channel

  Rental
  Lease
  Sales


Transaction Type

  Commercial Leasing
  Property Sales
  Property Management


Service Type

  Brokerage Services
  Property Development
  Valuation Consulting
  Facilities Management


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By End-user Insights

The offices segment is estimated to witness significant growth during the forecast period.

The U.S. commercial real estate market is undergoing major shifts, particularly in the office segment, driven by flexible work models, evolving corporate needs, and technological advancements. Businesses now favor adaptable, tech-enabled spaces to attract talent, fueling demand for co-working hubs like Regus and WeWork. Industry leaders such as Google and Amazon are redefining office design to boost collaboration and satisfaction.

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The Offices segment was valued at USD 476.50 billion in 2019 and showed a gradual increase during th

The China Commercial Real Estate Market is Segmented by Property Type (Offices, Retail, Logistics, Others (industrial Real Estate, Hospitality Real Estate)), by Business Model (Sales and Rental), by End-User (Individuals / Households, Corporates & SMEs, Others) and by Cities (Shanghai, Beijing, Shenzhen and More). The Market Sizes and Forecasts are Provided in Terms of Value (USD)

Israel Commercial Real Estate Market size was valued at USD 24.3 Billion in 2023 and is projected to reach USD 39.2 Billion by 2031, growing at a CAGR of 6.1% from 2024 to 2031.

Israel Commercial Real Estate Market: Definition/ Overview

In Israel, commercial real estate refers to facilities used for business purposes, such as office buildings, retail spaces, industrial complexes, and mixed-use projects. It acts as a foundation for the country’s expanding sectors, particularly technology, finance, and services, and houses local enterprises, multinational corporations, and startups. Tel Aviv, Herzliya, and Jerusalem are important hubs that draw major domestic and international investment due to their modern infrastructure, strategic position, and good economic performance.

The global commercial real estate (CRE) market, valued at $1694.59 billion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 4.6% from 2025 to 2033. This expansion is fueled by several key factors. Increased urbanization and population growth in developing economies like those in APAC (Asia-Pacific) are creating a surge in demand for office spaces, retail outlets, and other commercial properties. Furthermore, the ongoing shift towards e-commerce is boosting demand for warehouse and logistics facilities, particularly in North America and Europe. Technological advancements, such as smart building technologies and property management software, are also contributing to market growth by enhancing operational efficiency and attracting investors. However, economic fluctuations, interest rate hikes, and geopolitical uncertainties pose potential restraints to market growth. The market is segmented by end-user (offices, retail, leisure, others) and channel (rental, lease, sales), each exhibiting varying growth trajectories influenced by specific market dynamics. For instance, the office segment is experiencing a period of adjustment due to remote work trends, while the retail sector continues its transition towards omnichannel strategies. The competitive landscape is characterized by a mix of large international players and regional firms. Key players, such as CBRE Group Inc., Prologis Inc., and Dalian Wanda Group, leverage their extensive networks, technological expertise, and diversified portfolios to maintain market leadership. Their competitive strategies focus on strategic acquisitions, technological innovation, and the expansion into emerging markets. However, the CRE market also faces significant risks, including regulatory changes, environmental concerns, and the ongoing impact of global economic uncertainties. Understanding these drivers, trends, and challenges is crucial for investors and businesses navigating the complex dynamics of the commercial real estate sector. Analyzing regional variations, particularly the strong growth anticipated in APAC driven by robust economic expansion, is vital for effective market positioning.

The Global Commercial Real Estate industry has declined over the past five years. Specifically, investor confidence slightly declined over the same period as COVID-19 severely constricted demand. As a result, industry revenue is expected to slightly decline an annualized 2.5% to $4.3 trillion over the five years to 2023, including an anticipated increase of 1.6% in 2023 as the economy recovers from the coronavirus pandemic.The growth of a country's economy tends to boost industry revenue since business expansions and higher consumer spending often creates demand for industry services, such as office leasing, sales and brokerage services. The strong expansion of Asian economies through investments and increasing consumer spending have aided revenue growth over much of the current period. However, this industry is dominated by developed economies and, consequently, the global industry's direction is swayed by these regions' economic performance. Political tensions in these markets have affected the level of investment since investors can be discouraged when uncertainty in economic outlooks rises. As a result, the industry is susceptible to turmoil that has a global reach, such as trade conflicts and pandemics. This has contributed to a slight revenue decline during the current period. Consequently, the average industry profit margin has narrowed due to the coronavirus pandemic. More specifically, in 2020, the average industry profit margin, measured as earnings before interest and taxes, dipped to 6.8% in 2023.The industry will rebound over the next five years as investor uncertainty shrinks as the threat of the coronavirus pandemic wanes. Increasing aggregate private investment and consumer spending will drive industry revenue growth as they fuel the expansion of business and retail operations. The global commercial real estate market will increasingly shift investments toward burgeoning countries, such as India and China, where consistent growth will likely be apparent over the coming years. Overall, industry revenue is forecast to grow an annualized 1.3% to $4.6 trillion over the five years to 2028.

SafeGraph Places provides baseline location information for every record in the SafeGraph product suite via the Places schema and polygon information when applicable via the Geometry schema. The current scope of a place is defined as any location humans can visit with the exception of single-family homes. This definition encompasses a diverse set of places ranging from restaurants, grocery stores, and malls; to parks, hospitals, museums, offices, and industrial parks. Premium sets of Places include apartment buildings, Parking Lots, and Point POIs (such as ATMs or transit stations).

SafeGraph Places is a point of interest (POI) data offering with varying coverage and properties depending on the country. Note that address conventions and formatting vary across countries. SafeGraph has coalesced these fields into the Places schema.

SafeGraph provides clean and accurate geospatial datasets on 51M+ physical places/points of interest (POI) globally. Hundreds of industry leaders like Mapbox, Verizon, Clear Channel, and Esri already rely on SafeGraph POI data to unlock business insights and drive innovation.

Data regarding vacancy rates, new construction, absorption and lease rates for industrial and office properties, and vacancy rates for retail, in Pierce County.