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<blockquote data-quote="Slim Whitman" data-source="post: 1481692" data-attributes="member: 21253"><p>Commercial RE is a bit trickier but it seems that office space has already undergone a bloodbath from what I've read and new tenants are in high demand, making it a good time to negotiate lower prices/rents with the owner. Obviously due to the new remote work paradigm. With industrial, manufacturing space I'd be worried it will start going back up pretty soon as the pandemic fades away and industry starts roaring back to life. I'd expect prices to be flat or to rise over the next year, due to pent up demand. If I were in your shoes I certainly wouldn't put my plans on hold waiting for better prices to come because it's a 50/50 gamble.</p></blockquote><p></p>
[QUOTE="Slim Whitman, post: 1481692, member: 21253"] Commercial RE is a bit trickier but it seems that office space has already undergone a bloodbath from what I've read and new tenants are in high demand, making it a good time to negotiate lower prices/rents with the owner. Obviously due to the new remote work paradigm. With industrial, manufacturing space I'd be worried it will start going back up pretty soon as the pandemic fades away and industry starts roaring back to life. I'd expect prices to be flat or to rise over the next year, due to pent up demand. If I were in your shoes I certainly wouldn't put my plans on hold waiting for better prices to come because it's a 50/50 gamble. [/QUOTE]
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