Most of the major commercial real estate sectors show gradually improving fundamentals and are easily absorbing the relatively small amount of new space that is coming online, with a full recovery already in the multifamily market, according to the National Association of Realtors quarterly commercial real estate forecast.
Looking ahead to the third quarter of the year, Industrial Info Resources is currently tracking another 1,700 capital or maintenance projects worth an estimated $60 billion that are scheduled to begin construction.