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1500
employees in 31 markets
$85
billion
in assets
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As credit has tightened and Americans have pulled back on their
spending, the retail market has suffered significantly. However, the
performance of individual markets in the near term will be determined
largely by recent supply trends.
Traditionally supply-constrained markets will outperform this year,
while markets where developers delivered space with the assumption of
continued population growth will record significant vacancy increases
and considerable rent declines.
The top five retail markets for 2009 are: 1) San Diego; 2) San
Francisco; 3) Washington, D.C.; 4) San Jose, Calif.; and 5) Portland,
Ore.
Read Article
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The American Recovery and Reinvestment Act (ARRA) has given local and
state governments across the country millions of dollars for
infrastructure projects of all kinds. These projects will create
investment opportunities for the commercial real estate industry,
particularly developers and investors interested in transit-oriented
development (TOD).
Read Article
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Senior real estate executives
anticipate access to capital may improve slightly in the next 12
months, yet they indicate that current conditions in all sectors of
commercial real estate continue to erode, according to The Real Estate
Roundtable Sentiment Survey for the second quarter 2009.
More...
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As much as 7 million square
meters of planned shopping center development in Europe has been put on
hold or canceled as a result of the credit crunch, according to a
recent report by global real estate adviser Cushman & Wakefield.
More ...
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