CRE industry sentiment dips to five-year low nationally amid coronavirus

            The NAIOP CRE Sentiment Index fell to a five-year low in mid-March nationally, indicating that developers, landlords and other industry professionals believe the outlook for the commercial real estate industry has dimmed amid the coronavirus.

            The bi-annual survey of more than 400 corporate respondents found that the overall sentiment dropped to 45, from 57 when it was last conducted, in September. The result was the lowest since the index was created in 2016 and the first time the sentiment has dipped below 50.