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Research - JULY 3, 2024

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Three unheralded real estate sectors to watch in 2024: Storage, medical office, and hospitality

by Desi Co, Accord Group

In the current landscape of commercial real estate, varying levels of performance among traditional sectors have led some investors to explore investment opportunities within more niche asset classes. We are seeing savvy investors increasingly look to diversify their real estate portfolios and make a strategic foray into alternative commercial real estate segments that are poised for growth in the coming years. Investors seeking diversified growth opportunities can often benefit from exploring alternative areas of the market that tend to feature high-potential assets such as medical office, hospitality, and storage, including industrial outdoor and self-storage.

Industrial outdoor storage

Interest in industrial outdoor storage (IOS) appears to be growing as investors continue to chase opportunities featuring higher yields to insulate their portfolios from cap rate expansion and interest rate risk. In a post-pandemic era that is vastly reliant on ecomm

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