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Commercial Leasing in the US
IBISWorld, June 2011, Pages: 40
New lease on growth: Vacancies will slowly fill as consumer spending and corporate profits return
Commercial Leasing in the US
New lease on growth
Low retail spending and corporate profits and high unemployment have been the bane of commercial leasing firms in the past few years. Nevertheless, the economic recovery over next five years will stimulate industry demand, as consumer spending and business confidence return, and with them renewed demand for commercial spaces. Despite these positive improvements, however, a number of trends will threaten growth, such as the rise in e-commerce and the number of employees working from home, both of which may reduce demand for retail and office space.
Operators within this industry act 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. The industry does not include 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.
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