Cresa Dallas celebrates being named in the Dallas Business Journal as one of the Best Places to Work in 2018

The global pandemic has shaken the commercial real estate market. Many organizations still remain closed, vacancy rates are increasing, and Tenants are looking to shed excess space to decrease costs. As we head into the last month of 2020, many Tenants asking, “how should I prepare for the uncertainty of 2021”?

It will be interesting to see how industrial real estate will be impacted by the election in addition to increasing Opportunity Zones and changes to the 1031 Like-Kind Exchange.

2020 has seen many corporations shift their real estate strategy in the current economic conditions. Companies are taking advantage of low interest rates and aggressive pricing in the property markets to increase their liquidity and improve their credit ratings.