Seeking Alpha

Strong commercial property improvement in Q2 says CBRE

  • The office vacancy rate fell 30 basis points to 14.5%, besting Q1's 10 basis point decline, according to the latest analysis from CBRE. Top performers were those markets with exposure to tech and energy.
  • National industrial availability fell 30 bps to 10.8%, and retail availability fell 20 bps to 11.7%.
  • The apartment vacancy rate of 4.4% is 20 bps lower than a year ago, with effective rent growth remaining in the 2.5-3% range.
  • ETFs: IYR, VNQ, DRN, URE, SRS, ICF, RWR, SCHH, DRV, KBWY, REK, FRI, FTY, PSR, IFNA, FNIO, WREI
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