The U.S. commercial real estate market is expected to remain resilient and improve in some sectors despite geopolitical tensions. Key drivers include strong demand from tech, reshoring manufacturing, AI infrastructure growth, and favorable demographics. Industrial leasing may reach a record 1 billion sq. ft., office vacancies are projected to decline, and data center preleasing rates could hit 80%. Inflation remains above 4%, limiting rate cuts, but GDP growth is steady at 2.1%.