Weakest Leasing in 18 Years: Experts
Leasing activity plummeted during the first quarter of the year, by some preliminary estimates by as much as 40 percent. Peter Hennessy, president of the New York region for the brokerage company...
View Article4,912,278
Initial leasing data for the first three months of the year show that this could be the weakest first quarter in at least 18 years, with only 4,912,278 square feet of activity. I say “could” because...
View ArticleThank Heaven for Little Rates
Perhaps the most notable trend observed in the investment sales market in the first quarter of 2012 has been surprisingly shrinking capitalization rates on all types of investment properties. There are...
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