Posts by Kevin Brennan

The Covid Year & its Effects on the Commercial Real Estate Market

Kevin Brennan on May 13, 2021

Commercial real estate trends are not absolute–and they’re not necessarily exactly the same in all markets or submarkets. However, general trends matter when predicting what the future holds, even when these trends seem to be changing weekly in response to vaccination levels and the easing of government restrictions.  

That being said, for several decades we have reported on the commercial real estate market trends in calendar years. But this year in review is about the “Covid Year.” After all, it was just mid-March of last year when the shelter-in-place orders took effect and we all thought this would be over in two or three weeks.