We arrived in 2021 with an economy saturated by a pandemic and impacted at various levels, with some corners managing cracks and hurdles and others surpassing market bests. Thankfully, commercial real estate quickly adapted the way it conducted business, and activity occurred at an even faster clip than expected. In 2021, we witnessed a new era of growth, innovation, and investment trends, paving the way for previously unseen activity in the commercial property sector.
While inflation, worker shortages, and rising interest rates loom as potential headwinds, we observed businesses acting on their absorption plans in the second half of 2021. Plenty of dry powder exists in the commercial sector, and we’ll likely see lenders trend towards lower interest rates to keep activity moving in the more reliable world of real estate. Indeed, investors sought to leverage opportunities to deploy capital to counter inflation warnings, making real estate an even more attractive investment in the fiscal times ahead.
Our 2021 overview report dives into buying and leasing activity on Crexi throughout the year, comparing it to quarterly metrics and year-over-year data. With this unique information, we seek to shed light on the undercurrents of commercial real estate activity with an eye towards the sector’s future.