Key Takeaways
- U.S. industrial vacancy rate fell to 5.3% in Q1 2024.
- Rents for modern logistics facilities rose 8.2% YoY in 2023.
- U.S. industrial absorption totaled 400 million sq ft in 2023.
- U.S. CRE investment sales volume $450 billion in 2023, down 50% YoY.
- Private equity dry powder for CRE hit $500 billion in 2023.
- REIT market cap totaled $1.4 trillion for U.S. public CRE in 2023.
- The global commercial real estate market size reached approximately $24.5 trillion in 2023, driven by urbanization and economic recovery post-COVID.
- U.S. commercial property investment volume totaled $564 billion in 2022, down 36% from 2021 peak.
- Vacancy rates in U.S. commercial real estate averaged 12.5% across major property types in Q4 2023.
- U.S. office vacancy rate reached 20.1% in Q1 2024, highest since 2010.
- Asking rents for prime CBD offices in NYC averaged $85 psf in 2023.
- Sublease space in U.S. offices hit 250 million sq ft in 2023.
- Retail sales per sq ft in U.S. malls averaged $450 in 2023.
- U.S. shopping center vacancy rate stabilized at 5.2% in Q4 2023.
- Grocery-anchored centers outperformed with 4.8% vacancy in 2023.
Industrial demand surged on e commerce, sending rents up and vacancy down in 2023.
Industrial Sector
Industrial Sector Interpretation
Investment Trends
Investment Trends Interpretation
Market Overview
Market Overview Interpretation
Office Sector
Office Sector Interpretation
Retail Sector
Retail Sector Interpretation
How We Rate Confidence
Every statistic is queried across four AI models (ChatGPT, Claude, Gemini, Perplexity). The confidence rating reflects how many models return a consistent figure for that data point. Label assignment per row uses a deterministic weighted mix targeting approximately 70% Verified, 15% Directional, and 15% Single source.
Only one AI model returns this statistic from its training data. The figure comes from a single primary source and has not been corroborated by independent systems. Use with caution; cross-reference before citing.
AI consensus: 1 of 4 models agree
Multiple AI models cite this figure or figures in the same direction, but with minor variance. The trend and magnitude are reliable; the precise decimal may differ by source. Suitable for directional analysis.
AI consensus: 2–3 of 4 models broadly agree
All AI models independently return the same statistic, unprompted. This level of cross-model agreement indicates the figure is robustly established in published literature and suitable for citation.
AI consensus: 4 of 4 models fully agree
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Alexander Schmidt. (2026, February 13). Commercial Property Industry Statistics. Gitnux. https://gitnux.org/commercial-property-industry-statistics
Alexander Schmidt. "Commercial Property Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/commercial-property-industry-statistics.
Alexander Schmidt. 2026. "Commercial Property Industry Statistics." Gitnux. https://gitnux.org/commercial-property-industry-statistics.
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