$257.7bn
$XXX.Xbn
505k
375k
$XX.Xbn
Operators in the Commercial Leasing industry serve as lessors of buildings for nonresidential purposes. Industry participants include owner-lessors of nonresidential buildings, establishments that rent real estate and then act as lessors in subleasing it, and establishments that provide full-service office space. Over the five years to 2024, lessors have experienced mixed demand from critical downstream market segments. Since the onset of COVID-19, demand for office space has plunged amid work-from-home and hybrid work arrangements. However, demand for industrial and retail spaces has risen, buoying industry revenue. Over the past five years, industry revenue has risen at a CAGR of 0.1% to reach $257.7 billion, despite an estimated 1.2% decline in 2024.
Industry revenue has grown at a CAGR of 0.1 % over the past five years, to reach an estimated $257.7bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Brookfield Property Partners L.P. | 4,596.8 | 1,117.0 | 24.3 | |
Simon Property Group, inc. | 4,086.9 | 993.1 | 24.3 | |
Cbre Group, Inc. | 1,421.5 | 205.7 | 14.5 |
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Industry revenue is measured across several distinct product and services lines, including Renting commercial buildings, Renting office buildings and Renting industrial buildings. Renting commercial buildings is the largest segment of the Commercial Leasing in the US.
The retail segment has propelled growth in renting commercial buildings
Operators in this industry serve as lessors of buildings that aren't used as residences or dwellings. Industry participants include owner-lessors of nonresidential buildings, establishments that rent real estate and then act as lessors in subleasing it to others, as well as establishments that provide full-service office space.
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NAICS 53112 - Commercial Leasing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Office vacancy rates remain high across the United States. As employees continue to work from home, office vacancy rates have reached record highs.
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Fast-growing and popular commercial markets are located in the Sun Belt region. Such markets include Austin, Dallas, Miami and Nashville.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Commercial leasing companies exist around the country and often serve specific communities. The regionalization of the industry causes increased fragmentation.
Learn about the performance of the top companies in the industry.
The four largest companies comprise less than 5.0% of revenue, indicating how fractured commercial leasing companies are. This encourages intense competition among firms by p...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Commercial leasing operators don't receive any direct governmental assistance. However, they are assisted through trade associations, like the National Association of Realtor...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit for commercial leasing operators tends to be high and steady compared with other industries. There were some fluctuations during COVID-19 and subsequent years as inter...
Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Commercial Leasing in the US industry in United States is $257.7bn in 2024.
There are 375k businesses in the Commercial Leasing in the US industry in United States, which has grown at a CAGR of 1.2 % between 2019 and 2024.
The market size of the Commercial Leasing in the US industry in United States has been growing at a CAGR of 0.1 % between 2019 and 2024.
Over the next five years, the Commercial Leasing in the US industry in United States is expected to grow.
The biggest companies operating in the Commercial Leasing market in United States are Brookfield Property Partners L.P., Simon Property Group, inc. and Cbre Group, Inc.
Renting commercial buildings and Renting office buildings are part of the Commercial Leasing in the US industry.
The company holding the most market share in United States is Brookfield Property Partners L.P..
The level of competition is high and steady in the Commercial Leasing in the US industry in United States.