Skip to main content

How Prices Have Risen for Smaller Properties During the Pandemic

Due to the Pandemic and a surplus of buildings coming onto market, many real estate buyers have been investing in smaller properties. However, according to CoStar data, they have been paying more per square foot now than they did before the pandemic.

According to CoStar, investors are paying 7% to 9% more on average than they were at the same time last year. Industrial properties that are being invested in now are about 11% smaller in square footage but are averaging a 9.3% higher purchase price. Office properties are 30% less in dollar value and 35% smaller in square footage but are 8.4% more expensive. Multi-Family properties are 6% higher in dollar value. And finally in Retail, building size is 7.4% smaller than a year ago but actually 1.1% cheaper in value.

You May Like

Property Spotlight: Keystone Shoppes

  In this week’s edition of property spotlight, we wanted to highlight Keystone Shoppes. The Keystone Shoppes is a ±10,000 SF new construction retail strip in the heart of Miami-Dade County with an 1,106 SF restaurant/retail space available. The property is located on the busy intersection of S Le Jeune

Read more

KC American Bistro

Welcome to KC American Bistro; A fine dining experience in Southwest Florida. Here, you can expect to be served the freshest ingredients with an extremely dynamic menu; All created by the impressive Chef, Keith Casey. Be ready to fall in love with the refined taste and beautiful display of his Regional

Read more

TCG IN THE NEWS: Tim Schneider & John Paulich IV Featured in Gulfshore Business

TCG IN THE NEWS Tim Schneider & John Paulich IV Featured In Gulfshore Business On the October 7-13th Weekly real estate round up for Gulfshore Buiness Trinity Commercial Group was highlighted by way of Tim Schnieder and John Paulich IV each closing a lease deal. Eye Health of Ft. Myers

Read more