It’s too early to know exactly what a Donald Trump Presidency will mean for the commercial real estate industry. Despite an initial surge of volatility as the election results came in, the markets seem to have stabilized somewhat.
The construction industry, along with the commercial real estate industry more generally, could also potentially benefit if Trump succeeds at bringing more manufacturing back to the U.S. More manufacturing could mean more commercial real estate properties, including not just factories, but warehouses to store inventory, office space for companies expanding their local presence, and multifamily housing for a possible influx of employees and their families, as well.
U.S commercial real estate appears on track to continue to be a safe haven- and could potentially stand to benefit from a president who is intimately familiar with the ins and outs of the real estate industry. Donald Trump isn’t just a business-minded president-elect – his business is commercial real estate.
For more information about Knoxville’s CRE Market, contact our office at 865-531-6400. SVN | R.M. Moore, East Tennessee’s most trusted real estate advisors, offers Commercial Real Estate Services through a proven business model based on ethics, expertise, national strength, collaboration and technology. SVN | R.M. Moore invests time and resources in mastering trends and tactics to develop Commercial Real Estate strategies that keep clients one step ahead of ever-changing market conditions.