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The supply and demand dynamics in the U.S. commercial real estate market in 2023 present a complex picture, influenced by various economic factors and trends specific to different segments of the market, such as office spaces, industrial and logistics properties, and multifamily units.

Based on the information gathered about the U.S. commercial real estate market in 2023, here's a summary of key trends and statistics:

The commercial real estate market has been characterised by consistent positive rental growth rates across all sectors, with particularly significant growth observed in the apartment and industrial sectors. This trend highlights the sector's resilience and adaptability in the face of changing market dynamics:

The commercial real estate sector has witnessed healthy occupancy and rental gains over the past five years, positively impacting Net Operating Income (NOI). These trends are indicative of the sector's resilience and adaptability in response to changing market conditions: