Before we go any further with this discussion about commercial real estate trends, it is important to note that not all trends apply to all areas of the country. We will talk about this later on in this article.
We are RDS Real Estate, serving the Greater Fort Worth Metro area, as well as Tarrant, Parker, and Johnson Counties, with outstanding, flexible industrial space and commercial property for rent. Call u sat 817-439-3224 for more information about the Fort Worth market as it applies to your situation.
What is commercial real estate?
Commercial real estate (CRE) is property used for business-related purposes or to provide workspace rather than living space. Most often, commercial real estate is leased by tenants to conduct income-generating activities. This broad category of real estate can include everything from a single retail space for lease to a massive factory or a warehouse.
The business of commercial real estate involves construction, marketing, management, and leasing property for business use.
There are many categories of commercial real estate such as retail and office space for lease, hotels and resorts, strip malls, restaurants, amusement parks, even RV parks and healthcare facilities. All are affected by commercial real estate trends in one way or another.
Commercial real estate trends post the Election of 2024.
This from J.P. Morgan about elections and real estate activity:
“Generally, individual elections have a limited impact on multifamily housing and the markets.
“History tells us markets can get volatile around elections, but it’s usually temporary and related to the uncertainty,” said Ginger Chambless, Head of Research for Commercial Banking at JPMorgan Chase. “After the results, the direction of markets is more likely to be driven by the economic outlook and prevailing investor sentiment, rather than the election outcome itself—markets could rally simply because the election is behind us.”
“The market is much more likely to be affected by changing prime lending rates, which are determined by the Fed rather than the whimsy of election results and short term commercial real estate trends.”
But, in Fort Worth . . .
With all of that in mind, Fort Worth, in all likelihood, will be unaffected by the Presidential election, and any commercial real estate trends will be short term at best. As one of the fastest growing cities in the U.S., Fort Worth seems to be immune to events happening across the country. In the past ten years, the growth of Fort Worth has far-exceeded any general predictions for the country, and predictions have that growth continuing into the next decade.
Stated another way, purchasing commercial real estate in Fort Worth is a good investment. Leasing commercial property in Fort Worth will never be as affordable as it is right now, November 2024.
A final word about RDS Real Estate.
RDS Real Estate is a leader in leasing office and warehouse space in Tarrant County. With industrial properties located in Fort Worth, Haslet (Blue Mound/ Alliance Area), Arlington, Kennedale and Haltom City — there is plenty of space to lease for any of your business needs. We have commercial property for lease in sizes ranging from 320 sf to 30,000 sf and everything in between.
All commercial property for lease features easy access to major highways in the Dallas/Ft. Worth Area.
Whether you are relocating, expanding, downsizing or just looking for a change of scenery, we offer 10 years of experience in leasing office and warehouse space in the DFW area. Our rental properties offer ample parking and highway visibility/access.
We are locally owned and operated. Call us today!