See the 2021 past CARW & NAIOP Market Update predictions here:
2021 Past Industrial Predictions from Mitch Starczynski | Newmark:
-Vacancy rate will sub 4.5%. That means next year at this time we will have less than 7M SQ FT available.
-We will see another 3MM SF come online in 2022 in Kenosha/Racine Co.
-Because of the land shortages we are experiencing, outlying communities will slowly start to see new construction.
-Aaron Rodger will play for the Green Bay Packers next season.
2021 Past Retail Predictions from Joe Kleinman | Mid America Real Estate:
-We will see new chain restaurants enter the market
-This holiday season, brick-and-mortar retail will see an increase in foot traffic over pre-pandemic levels as consumers want to get off the couch and back into social settings.
-Similar to Warby Parker and Untuckit, we will see at least one new retailer that originated online with e-commerce open brick-and-mortar locations.
2021 Past Investment Predictions from Jennifer Huber-Bullock | Colliers:
–Industrial & multifamily will dominate transaction volume
-Continued trades at record low cap rates set in 2021 but will not compress further amongst most sectors
-2022 transaction volume will exceed 2021
-Number of multi-tenant offices and hotel sales will increase
2021 Past Office Predictions from John Davis | Founders 3 Real Estate:
–The “Flight to Quality” will continue.
-Single-story office properties in Park Place will be converted to Industrial use.
-Deer District & Haymarket Square will be the next highly sought-after area.
-A large, out-of-state company will open a downtown Milwaukee office.
-Packers win the super bowl in February; Rodgers will get himself a haircut and will be “immunized” again before next season where he will remain the Packers QB1.