The commercial real estate market can be a great place to find investment opportunities. With so many different kinds of real estate to invest in, the possibilities are endless! With the market starting to recover after the pandemic, it is important to stay up to date on market trends if you are looking to invest.
Hotels suffered a massive hit during the pandemic. Today, hotels are starting to recover from pandemic restrictions, and the owners of the buildings are seeing their investments pay off. It is expected that with continued alleviation of pandemic restrictions, full-service, limited service, and extended stay hotels will all become more popular.
Similarly, office spaces that were left vacant during the pandemic are expected to see a 10% increase as employees come back to their desks in-person. Tenants will be looking for new office spaces that are large and inviting, and this can be a wonderful opportunity for potential landlords and investors.
Data centers and industrial real estate are also strong areas for investment, as they are expected to be the most resilient in the coming year. With the persistent housing shortage, many tenants are looking to move into multi family homes which is a good sign for existing or prospective landlords.
Commercial real estate can be a wise investment for those who are willing to take the risk of the market. To learn more about investing in commercial real estate, take a look at the infographic below:
Source: ChessRealtors.com