In January 2026, industry reports forecast promising growth for commercial real estate investment activity in the United States, marking a significant recovery as the sector continues to evolve post-pandemic. According to CBRE’s 2026 U.S. Real Estate Market Outlook, commercial real estate investments are projected to increase by approximately 16%, reaching an estimated $562 billion. This marks a strong return to pre-pandemic annual averages, signaling renewed confidence in the market.
The expected growth is driven by a variety of factors, including strengthening leasing activity across multiple property types. As businesses gradually return to office spaces and logistics demand intensifies, sectors like industrial and office space are seeing a resurgence. Leasing activity is expected to grow as occupiers begin to adapt to new ways of working, with hybrid and flexible office spaces becoming a common demand, contributing to the recovery of the office real estate market.
Another key driver of investment is the ongoing expansion of data centers, which are anticipated to experience record leasing levels. This growth is fueled by increasing demands from cloud computing and artificial intelligence infrastructure, both of which are central to the digital economy. With more businesses relying on cloud-based solutions and AI technologies, the need for data centers has never been higher, creating significant opportunities for investment in this sector.
However, the outlook also notes variations in performance across different commercial real estate sectors. While industrial properties and data centers are expected to continue their strong performance, retail properties face challenges as consumer behavior shifts towards online shopping, though certain retail sectors, such as e-commerce fulfillment centers, continue to benefit from the changing landscape.
The multifamily sector remains robust, with rental demand staying high, particularly in urban areas where affordable housing is in short supply. As urban populations grow and millennials and Gen Z continue to prioritize renting, the demand for multifamily housing is expected to remain strong, with investors capitalizing on both new developments and existing property acquisitions.
Overall, the forecast for 2026 highlights a favorable outlook for commercial real estate investment, driven by recovery in leasing, growing demand for logistics infrastructure, and the rise of data centers. As the market continues to adjust to post-pandemic realities, investors are poised to seize opportunities across a range of property types, making 2026 a year of growth and reinvestment in U.S. commercial real estate.
