The lat­est trends in com­mer­cial rents

Inc. (USA) - - CONTENTS - MICHELLE CHENG

Space for your busi­ness never comes cheap, es­pe­cially if you’re slug­ging it out in a ma­jor city, where rents seem to rise cease­lessly. Or do they? Data from com­mer­cial real es­tate an­a­lyst CoS­tar Group shows se­ri­ous fluc­tu­a­tions in of­fice and re­tail rent trends among ma­jor U.S. metro ar­eas, and that not ev­ery hot re­gion of the mo­ment (hello, Pitts­burgh) has rent spikes to match its rep. But if your busi­ness is in Char­lotte or Seat­tle and you locked in a long-term lease long ago: Good move. Those cities’ com­mer­cial rents have been ris­ing fast, and show no signs of stop­ping.

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