The market size of commercial property remodeling in the United States reached 51 billion U.S. dollars in 2022. The trend towards market growth began in 2012 and peaked in 2020, followed by two years of decline. According to the forecast, the market is expected to expand by about two percent in 2023.
Size of commercial property remodeling market in the United States from 2012 to 2022, with a forecast for 2023 (in billion U.S. dollars)
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Other statistics that may interest you Commercial real estate in the United States
Overview
6
- Premium Statistic Most attractive property sectors for investment in the Americas 2017-2022
- Premium Statistic Index of commercial property prices in the U.S. 2014-2023, per quarter
- Premium Statistic National NCREIF Property Index returns in the U.S. 2007-2023
- Premium Statistic Share of commercial real estate investments in the U.S. 2021-2022, by investor type
- Premium Statistic Value of U.S. commercial construction from 2002 to 2022
- Premium Statistic Size of commercial property remodeling market U.S. 2012-2022, with forecast for 2023
Market segments
8
- Premium Statistic U.S. value of new private sector commercial construction by subsector 2010-2022
- Premium Statistic Value of commercial and industrial construction starts in the U.S. 2022, by type
- Premium Statistic Commercial real estate investment value in the U.S. 2019-2023, by property type
- Premium Statistic Market cap of REITs in the U.S. 2019-2023, by property type
- Premium Statistic National NCREIF Property Index returns in the U.S. 2022, by property type
- Premium Statistic Commercial real estate cap rates in the U.S. 2012-2023 with a forecast until 2024
- Premium Statistic Vacancy rate of commercial real estate in the U.S. Q1 2020-Q1 2024, by property type
- Premium Statistic Volume of CMBS issuance in the U.S. 2015-2021, by sector
Leading markets
8
- Premium Statistic Leading U.S. markets for commercial property acquisitions in 2021
- Premium Statistic Recommendations to buy, hold or sell an office property in the U.S. 2024, by city
- Premium Statistic Recommendations to buy, hold or sell an industrial property in the U.S. 2024, by city
- Premium Statistic Recommendations to buy, hold, or sell a retail property in the U.S. 2024, by city
- Premium Statistic Recommendations to buy, hold or sell a hotel property in the U.S. 2024, by city
- Premium Statistic Absorption of office space in the largest U.S. markets Q4 2022
- Premium Statistic Industrial and logistics real estate net absorption in the U.S. 2022, by market
- Premium Statistic Retail property investment volumes in major metropolitan areas in the U.S. 2023
Leading companies
8
- Premium Statistic Leading real estate companies worldwide 2022, by market value
- Premium Statistic Leading REITs worldwide 2024, by market cap
- Premium Statistic Market cap of leading office REITs in the U.S. 2019-2023
- Premium Statistic Market cap of leading industrial and logistics REITs in the U.S. 2019-2023
- Premium Statistic Market cap of leading retail REITs in the U.S. 2019-2023
- Premium Statistic Market cap of leading lodging and resort REITs in the U.S. 2019-2023
- Premium Statistic Equity value of leading commercial real estate brokers in the U.S. Q2 2022
- Premium Statistic Equity value of leading real estate media portals in the U.S. Q2 2022
Rent and vacancy rates
6
- Premium Statistic Office rent per square foot in the largest office markets in the U.S. 2023
- Premium Statistic Vacancy rate of office space in the U.S. Q2 2023, by market
- Premium Statistic Industrial and logistics real estate rent per square foot in the U.S. 2022, by market
- Premium Statistic Industrial and logistics real estate vacancy rate in the U.S. Q4 2022, by market
- Premium Statistic Average rent of shopping centers in the U.S. 2020-2024, by region
- Premium Statistic Retail real estate vacancy rates in the U.S. 2021-2022, by type
Further related statistics
16
- Annual rent per sf of premium office space in selected cities worldwide 2017
- Commercial density in Spain in 2016, by region
- Office space rental service producer price index (SPPI) in Tokyo 2014-2023
- Office space rental service producer price index (SPPI) in Osaka 2014-2023
- Office space rental service producer price index (SPPI) in Nagoya 2014-2023
- Barriers preventing UHNWIs from investing in commercial property in Latin America2015
- Annual change in land price of the Greater Tokyo Area 2015-2024
- Change in commercial land price in Japan 2024, by prefecture
- Total assets of Seazen Holdings China 2016-2022
- Size of flexible office market in Canada 2019, by market
- Lower limit of rental prices of street retail space Moscow 2018-2019, by location
- Annual change in land price of the Greater Osaka Area 2015-2024
- Office floor area in the Greater Tokyo Area 2013 to 2022
- Supply of retail space across Dammam in Saudi Arabia 2014-2018
- Distribution of retail space BMR Thailand Q2 2023, by segment
- Size of flexible office market in Canada 2019, by market
Further Content: You might find this interesting as well
Statistics
- Annual rent per sf of premium office space in selected cities worldwide 2017
- Commercial density in Spain in 2016, by region
- Office space rental service producer price index (SPPI) in Tokyo 2014-2023
- Office space rental service producer price index (SPPI) in Osaka 2014-2023
- Office space rental service producer price index (SPPI) in Nagoya 2014-2023
- Barriers preventing UHNWIs from investing in commercial property in Latin America2015
- Annual change in land price of the Greater Tokyo Area 2015-2024
- Change in commercial land price in Japan 2024, by prefecture
- Total assets of Seazen Holdings China 2016-2022
- Size of flexible office market in Canada 2019, by market
- Lower limit of rental prices of street retail space Moscow 2018-2019, by location
- Annual change in land price of the Greater Osaka Area 2015-2024
- Office floor area in the Greater Tokyo Area 2013 to 2022
- Supply of retail space across Dammam in Saudi Arabia 2014-2018
- Distribution of retail space BMR Thailand Q2 2023, by segment
- Size of flexible office market in Canada 2019, by market
IBISWorld. (May 2, 2023). Size of commercial property remodeling market in the United States from 2012 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved April 28, 2024, from https://www.statista.com/statistics/1040238/commercial-property-remodeling-market-size-usa/
IBISWorld. "Size of commercial property remodeling market in the United States from 2012 to 2022, with a forecast for 2023 (in billion U.S. dollars)." Chart. May 2, 2023. Statista. Accessed April 28, 2024. https://www.statista.com/statistics/1040238/commercial-property-remodeling-market-size-usa/
IBISWorld. (2023). Size of commercial property remodeling market in the United States from 2012 to 2022, with a forecast for 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: April 28, 2024. https://www.statista.com/statistics/1040238/commercial-property-remodeling-market-size-usa/
IBISWorld. "Size of Commercial Property Remodeling Market in The United States from 2012 to 2022, with a Forecast for 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 2 May 2023, https://www.statista.com/statistics/1040238/commercial-property-remodeling-market-size-usa/
IBISWorld, Size of commercial property remodeling market in the United States from 2012 to 2022, with a forecast for 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1040238/commercial-property-remodeling-market-size-usa/ (last visited April 28, 2024)
Size of commercial property remodeling market in the United States from 2012 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph], IBISWorld, May 2, 2023. [Online]. Available: https://www.statista.com/statistics/1040238/commercial-property-remodeling-market-size-usa/