Hub Hot, Suburbs Cooler At Market Forecast Event
By Thomas Grillo
A mixed bag. That’s the outlook for commercial real estate next year. “Last year we wondered how long the investment sales volume would continue and now we know,” said Hans Nordby, research strategist at Property & Portfolio Research Inc. “Housing is a train wreck, home construction is in the tank and there’s limited job growth, factors that are holding us back. It’s the opposite of what we had five years ago.”
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