How many commercial real estate owners are there in the US?

There are 2,194,409 Commercial Real Estate businesses in the US as of 2021, an increase of 1.7% from 2020.

How many commercial realtors are there in the US?

The US commercial real estate brokerage industry includes about 120,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $112 billion. The industry includes sales and leasing brokers and agents for nonresidential property.

How big is the commercial real estate market in the US?

The total size of commercial real estate in the U.S. was estimated $16 trillion in 2018. Nareit estimates that the 2018 total dollar value of commercial real estate was between $14 and $17 trillion, with a mid-point of $16 trillion.

Who owns the most commercial real estate in US?

The Largest Commercial Real Estate Companies

  • The Blackstone Group. Founded almost 40 years ago, The Blackstone Group is now the United States’ largest office property owner. …
  • Prologis. …
  • Simon Property Group. …
  • Duke Realty Corp. …
  • General Growth Properties.
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Who owns US commercial real estate?

Top 20 Commercial Property Owners of 2020

Rank Company Total Owned (MSF)
1 Nuveen 570.9
2 LaSalle Investment Management 329.6
3 Clarion Partners 242.5
4 Tishman Speyer 61.9

How many CRE brokers are there?

Interestingly, 16.3 percent of brokers said they didn’t change their operations due to COVID-19. Perhaps these were brokers who didn’t engage in much in-person networking to begin with.

How big is the real estate industry 2021?

The pace of home sales has cooled since the first quarter of 2021 when it was at 7.2 million. Freddie Mac predicts home sales to hit 6.8 million for the full years 2021 and 2022. Additionally, they forecast house price growth of 16.9% in 2021.

Is commercial real estate rising?

Respondents reported an increase in sales of land and industrial properties and a decline in sales of other types of commercial real estate. Commercial real estate prices continue to firm up, but the value of commercial real estate is still broadly down by 6% compared to one year ago.

How big is China’s real estate market?

The Chinese property market is already twice the size of the US residential market and in 2019 was worth $52 trillion.

Who is the largest commercial property owner in the world?

The Top 4 Commercial Property Owners by Square Feet

  1. Prologis. Prologis is the top commercial real estate owner in the world, with almost 607 million square feet around the globe as of 2015, according to the 2015 Annual Report. …
  2. Blackstone Group. …
  3. Simon Property Group. …
  4. Duke Realty Corp.
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What is the 2% rule in real estate?

The two percent rule in real estate refers to what percentage of your home’s total cost you should be asking for in rent. In other words, for a property worth $300,000, you should be asking for at least $6,000 per month to make it worth your while.

Who owns the largest property in the world?

1. Roman Catholic Church: 70 million hectares. The largest landowner in the world is not a major oil magnate or a real estate investor.

Who is the largest landlord in the US?

1. John Malone. John Malone is the largest private landowner in the United States. Malone made his fortune as a media tycoon, building the company Tele-Communications, Inc, or TCI, and acting as its CEO before selling it to AT&T for $50 billion in 1999.

Who is the largest leaseholder in the United States?

This statistic shows the largest office leases in the United States in the second quarter of 2021, by tenant. Amazon leased approximately 500,000 square feet of office space in Nashville, which was the largest office lease in that quarter.

Characteristic Size in thousand square feet