CBECS estimates that 5.9 million U.S. commercial buildings contained a total of 97 billion square feet as of 2018. The number of commercial buildings increased by 6%, and commercial square footage increased by 11% since the CBECS was last conducted in 2012.
How many commercial buildings are in the US 2020?
5.5 million commercial buildings. 350,000 industrial buildings. 240,000 military buildings.
How many commercial real estate buildings are in the US?
In the U.S., 5.9 million commercial buildings contained 97 billion square feet of floor space in 2018—an increase of 56% in number of buildings and 90% in floor space since 1979. By 2050, commercial building floor space is expected to reach 124.3 billion square feet, a 33% increase from 2020.
How large is the US commercial real estate market?
In 2020, the estimated value of the global commercial real estate market was approximately 32.6 trillion U.S. dollars, up from 30.3 trillion U.S. dollars in 2019.
How many industrial buildings are in the US?
Between the first CBECS (conducted in 1979) and the latest 2012 CBECS, the number of commercial buildings in the United States has increased from 3.8 million to 5.6 million, and the amount of commercial floorspace has increased from 51 billion to 87 billion square feet.
How many residential buildings are in the United States?
In 2020, there were approximately 140.8 million housing units in the United States. Growth in the number of housing units has been leveling off over time as has the number of households.
How many total buildings are in the US?
The sample represents an estimated 5.6 million total buildings in the United States. Building size has outpaced the growth in the number of buildings over the past decade, according to the Commercial Buildings Energy Consumption Survey (CBECS).
Who owns the most commercial property in the United States?
Blackstone owns 153 million square feet of office space globally, and is the largest owner of office property in the U.S.
How many buildings are built each year in the US?
Between 2000 and 2009, approximately 14.6 million homes were constructed.
Number of homes built in the United States between 1900 and 2021 (in millions)
|Year built||Number of homes built in millions|
How many new commercial buildings are built each year?
Between 2008 and 2012, there were about 303,000 commercial buildings constructed.
Number of commercial buildings in the U.S. in 2012, by year constructed (in 1,000s)
|Characteristic||Number of buildings in thousands|
How big is the real estate industry 2021?
(CNN) The US housing market has had a white hot year. Home sales are on track to reach the highest level in 15 years, with an estimated 6 million homes sold in 2021.
How big is China’s real estate market?
The Chinese property market is already twice the size of the US residential market and in 2019 was worth $52 trillion.
How much commercial real estate is owned by REITs?
REITs own approximately $3.5 trillion in gross real estate assets, with more than $2.5 trillion of that total from public listed and non-listed REITs and the remainder from privately held REITs. The economic and investment reach of those assets are felt by millions of Americans all across the country.
How big is a commercial building?
The average size of buildings constructed before 1960 (26% of the commercial building stock) is 12,000 square feet; buildings constructed between 1960 and 1999 (55%) average 16,300 square feet; and buildings constructed in the 2000s (18%) average 19,000 square feet.
How many buildings are in New York City?
There are more than 1 million buildings in NYC, and many of those clustered on the island of Manhattan, spanning architectural styles, hundreds of years, and all manner of types.
How many warehouses are there in the US?
Since 2010, the number of warehouses in the United States has been growing at an increasing rate every year, reaching 19,190 in 2020. This compares to 15,152 in 2010.