REPORT: Commercial real estate improves in last 4 years| Citybizlist


According to historical data trends from BOMA International’s annual Experience Exchange Report  (EER), while market growth has been slow, income has increased and expenses have dropped, allowing commercial real estate professionals  to rest assured that commercial real estate is recovering and indeed better off now than it was four years ago.

Since 2008, average total rental income earned per square foot (psf) has increased by $1.56, while total operating expenses — including fixed expenses — have decreased by $.20 psf. Total income levels also improved over the past four years, increasing by $1.57 psf to $26.90 psf.

Click on the link below from Citybizlist.

via BOMA: Commercial Real Estate Better Off Now Than Four Years Ago | Washington DC Citybizlist.

Facebook Comments