The Integra Realty Resources Commercial Property Index has indicated b signs of improvementb in this yearb s third quarter, according to REIT.com.
The index shows multifamily properties gaining value during the third quarter, while projecting all other sectors, with the exception of retail, will remain the same or even show gains in the coming six months.
This just adds to the differing sources on price stats, but Integrab s COO thinks the index offers positive news for commercial real estate as well as the state of the economy as a whole.
He additionally points out that as businesses earn more money, these office tenants will need to plan ahead for growth.
Read more about the index here. To keep up with our updates on commercial real estate trends and the changing workplace, subscribe to receive our posts in your inbox by entering your email address in the box on the right-hand side of the page.
Image: xiquinhosilva on Flickr
Tags: businesses, commercial real estate, office tenants, properties, workplace
