Green Street has released its annual U.S. Sector Outlooks, providing forward-looking insights into market fundamentals and valuations across nine key property sectors: apartments, industrial, lodging, malls, office, self-storage, senior housing, single-family rentals and strip centers.
Highlights from this year’s U.S. Sector Outlook reports include:
Apartment fundamentals held up better than expected in 2024. More renters are staying longer, due to the prohibitively expensive for sale market.
In industrial, rents fell between 3percent and 4 percent in 2024. Sometime will be required to absorb excess capacity, but supply growth will slow.
For lodging, Green Street expects to see modest growth, but upside will be limited by the strong U.S. dollar and operating expenses.
Mall fundamentals remained healthy in 2024. Retailers are increasingly viewing open
