Q&A: what is the projected rental rate increase for 2007 for commercial realestate properties for the east coast?

Question by singirl51: what is the projected rental rate increase for 2007 for commercial realestate properties for the east coast?

Best answer:

Answer by John
There is none based on the way the question was asked.

Commercial property varies a lot by type. Multi-family residential, office, retail, light industrial, heavy industrial and some other categories.

Each community has a mix and depending on local conditions prices and rents reflect the demand vs. supply. One community can have rising office rents because of local demand while the next community has a surplus and falling rents.

The east coast runs from Maine to Florida. NYC will have on level for A class office space and another for B class office space. When you get down to Georgia you would expect different rates.

You need to narrow the search if you want to get meaningful data. Otherwise you will have a blend but not likely a rate that you can obtain in any one market

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