Outlook: Commercial Real Estate Recovery to Begin in 2010
January 21st, 2010
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“We are going to see distress continue to mount this year,” Bach said.
Leasing rates for all sectors, including multifamily, retail, industrial and office, will continue to rise at least through the first six months, he said.
Grubb & Ellis’ Chief economist Robert Bach was in Tampa today to speak with Florida Gulf Coast Association of Realtors (FGCAR) and West Coast CCIM’s to discuss the outlook for commercial real estate. (Complete story at the Tampa Bay Business Journal)
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