How much commercial real estate is there in the US?

How much is the commercial real estate industry worth?

In 2020, the estimated value of the global commercial real estate market was approximately 32.6 trillion U.S. dollars, up from 30.3 trillion U.S. dollars in 2019.

Who owns the most commercial real estate in the 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.

Is commercial real estate a growing industry?

The market size of the Commercial Real Estate industry is expected to increase 3.1% in 2021. Has the Commercial Real Estate industry in the US grown or declined over the past 5 years? The market size of the Commercial Real Estate industry in the US has declined 0.5% per year on average between 2016 and 2021.

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.

THIS IS INTERESTING:  How do I pass the Arizona real estate exam?

How many commercial real estate brokers 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 many commercial real estate developers are there in the US?

Commercial Real Estate Development Market

According to REIT, the total commercial property value is between $14.4 and $17 trillion. While the number of commercial real estate developers in the US is not publicly available, there are around 10,000 such companies that are listed on LinkedIn.

What is the value of all the real estate in the US?

According to new research by Zillow, the total value of every home in the U.S. is $33.6 trillion, nearly as much as the GDP of the two largest global economies combined — the U.S. ($20.5 trillion) and China ($13.6 trillion).

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.

How much real estate does McDonald’s own?

McDonald’s is one of the biggest real estate companies in the world. It owns $28.4 billion worth of land and buildings, before depreciation. It also leases the land, the buildings or both on 15,000 of its restaurant sites.

THIS IS INTERESTING:  Can you sell a property while still paying mortgage?

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.