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Leasing Return to Pre-Pandemic Levels but Pricing Doesn't

Might this be the new normal for CRE?

By Erik Sherman | June 08, 2022 at 08:05 AM

Many commercial real estate professionals have wanted to know when business would return to normal. But the problem with questions is the answers you can get. According to a new report from lease accounting software vendor LeaseQuery, the new normal may be previous levels of leases being signed but at post-pandemic prices.

The data comes from an analysis of “more than 2,000 companies’ lease liabilities,” which needs a caveat because there is no telling how many actual leases that covers or whether the businesses are nationally representative. Also, leases can be for equipment, not just buildings and land.

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