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Commercial Leasing in the US - Industry Market Research Report

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    Report

  • 74 Pages
  • November 2023
  • Region: United States
  • IBISWorld
  • ID: 239644

New space: Demand for commercial leasing will rebound as companies have greater incentives to lease more space

Operators in the Commercial Leasing industry serve as lessors of buildings for nonresidential purposes. Industry participants include owner-lessors of nonresidential buildings, establishments that rent real estate and then act as lessors in subleasing it, and establishments that provide full-service office space. Over the five years to 2023, rising per capita disposable income encouraged more businesses to enter the market. Moreover, incumbent businesses are inclined to increase their production and inventory levels to tap into the growing consumer demand, thus demanding more space. However, declining corporate profit in 2020 partially dampened demand for commercial leasing due to lower confidence in their ability to service long-term contracts with clients.

Operators in this industry serve as lessors of buildings that are not used as residences or dwellings. Industry participants include owner-lessors of nonresidential buildings, establishments that rent real estate and then act as lessors in subleasing it to others, and establishments that provide full-service office space. This industry excludes general warehousing and storage companies, such as self-storage businesses.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Brookfield Property Partners L.P.
  • Simon Property Group, inc.
  • Cbre Group, Inc.
  • New York Convention Center Operating Corporation
  • Majestic Realty Company
  • Cushman & Wakefield Plc
  • Cousins Properties Inc.
  • First Industrial Realty Trust, Inc.
  • Kite Realty Group Trust
  • San Diego Convention Center Corporation
  • Duke Realty Corporation
  • Centerpoint Properties Trust
  • Washington State Convention Center
  • Georgia World Congress Center Authority
  • Best Western International, Inc.
  • Metropolitan Pier and Exposition Authority
  • Events DC
  • Premier Office Centers, LLC
  • Davinci Virtual LLC
  • Oregon Convention Center
  • Eastgroup Properties, Inc.
  • American Executive Centers
  • LYNX Franchising LLC
  • eOffice
  • Philadelphia Sign Company
  • Alliance Business Centers Network
  • Blankspaces
  • Instant Offices Limited

Methodology

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