National CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
IRR Mid-Year Report Sees CRE Industry Reaching a Turning Point
The 2024 Mid-Year Commercial Real Estate Report from Integra Realty Resources (IRR) highlights the sector’s resilience and the stabilization in property prices amid significant economic shifts. The newly issued update complements IRR’s flagship Viewpoint annual report issued in January.
“While the commercial real estate market continues to face challenges, our 2024 Mid-Year Report demonstrates the industry’s remarkable adaptability,” said Anthony M. Graziano, CEO of IRR. “We are seeing a stabilization in property prices and a modest increase in values this year, marking a significant turning point.
“Our analysis highlights key trends such as adaptive reuse in the industrial sector, resilience in multifamily markets, innovations in retail spaces, and the evolving dynamics in the office sector as it adjusts to new work patterns,” he continued. “These insights are essential for stakeholders navigating the current landscape and planning strategically for the future.”
The mid-year release includes approximately 230 detailed local reports covering nearly 60 U.S. markets across four property types: office, multifamily, retail and industrial.
- ◦Sale/Acquisition
- ◦Financing
