A strong economy boosted the fundamentals for commercial real estate in the spring. The economy had a growth spurt, as GDP surged to a 4.1 percent annualized rate in the second quarter. Job growth has been robust so far this year, with payroll employment averaging monthly gains of 215,000 year-to-date through July, the fastest sustained pace of hiring since 2015. The economy is enjoying above-trend growth, with some boost from last year’s tax cuts, which supports demand for nearly all types of commercial real estate.