General Grade Commercial Real Estate Property saw a decline in the 4th quarter of 2010 while Investment Grade Commercial Real Estate Property increased nationally for the month of December. Investment Grade or "trophy" buildings are demanding higher prices. This increase was enough to lift the U.S. National Composite Index for the month. The index is overall down for the past two years however but continues to show signs of improvement over general grade. The overall indices show that commercial real estate is keeping to a vacillating pattern and will continue for the year of 2011. For more information please click the link below:
http://www.costar.com/News/Article/Latest-Repeat-Sales-Analysis-Finds-CRE-Pricing-Holding-to-SeeSaw-Pattern/126557
Thursday, February 24, 2011
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