By 2011, the Commercial Leasing industry took a turn, undergoing robust growth as commercial construction markets recovered and consumer conditions improved from the recession. Over the past five years, increased consumer confidence and household disposable income have encouraged greater consumer spending. A strong rebound in the corporate sector is driving a turnaround in the commercial leasing market. Growth in corporate profit is expected to bolster industry revenue over the next five years. Within the corporate sector, a drop in unemployment will require companies to lease more office space to accommodate new workers, further bolstering growth. Additionally, for the retail market, improved consumer spending will cause operators to expand to meet demand for retail space.
Operators in this industry serve as lessors of buildings that are not used as residences or dwellings. Industry participants include owner-lessors of nonresidential buildings, establishments that rent real estate and then act as lessors in subleasing it to others, and establishments that provide full-service office space. This industry excludes general warehousing and storage companies, such as self-storage businesses.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.