Renewal Probability

Situs RERC tracks the renewal probability (percentage probability that is expected for an existing tenant to renew their lease after the expiration date) of 11 specific property types. This data is provided by our quarterly institutional investment survey respondents, who typically invest in large-scale, income-producing properties in major U.S. markets. Our institutional investment survey respondents include REITs, pension funds, insurance companies, banks, private firms, opportunity funds, financial companies, and union funds.

IMPORTANT: Please note that this historical data contains institutional aggregate percentages for the national market only.