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Commercial Real Estate’s “New Normal”: No Wiggle Room.

Published By: Jack Mullen

As commercial real estate enters the second half of 2011, perhaps somewhat oppressed by fears of European debt contagion, the US government’s games of partisan “chicken” over debt limits, and slow recovery of fundamental demand, it is difficult to determine what it will take to thrive in or even survive this “recovery”. Core markets and gateway cities have experienced enthusiastic and competitive bidding over the past 18 months, and stabilized assets are reaching pre-recession pricing – despite anemic occupancy growth and a recent report from the Bureau of Labor Statistics pointing to a small rise in the unemployment rate to 9.2%

Release Date08/16/2011 - 07:00


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