What are your predictions for commercial real estate in 2019? - by David Ellis

December 28, 2018 - Spotlights
David Ellis
Ellis Realty Advisors

We see several trends for 2019. Even with a rising interest environment, there is strong demand and pricing of core industrial and flex properties inside 495. We believe there will be significant trading of these assets in 2019 as more owners look to lock in appreciation and buyers look to lock in rates before anticipated increases. We believe there will be more new industrial construction in 2019 as supply looks to keep pace with demand. On the multifamily side, we anticipate a relative slowdown in new construction as the market absorbs new deliveries. Cap rate pressure will push investors and developers into the suburbs.

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