The Commercial Real Estate Outlook for the rest of 2025 (BONUS EPISODE)

Key Takeaways on the Real Estate Outlook · CBRE foresees U.S. commercial real estate investment activity increasing by 10% in 2025, despite macroeconomic uncertainty. · CBRE believes the office market is passed its trough and leasing activity should continue to rebound. · Industrial & logistics leasing activity will likely be on par with last year. Occupiers want modern facilities that are close to consumers. · Availability of retail space will remain relatively tight due to limited new construction over the past decade. Retailers prefer space in high-traffic, open-air centers in growing markets. · Rents have generally bottomed out in the multifamily market. The Midwest and Pacific Northwest are poised to lead national rent growth. · Data Centers and the credit markets represent opportunities for nimble investors.