After a great week in commercial real estate, 2011 may be better than expected. Several factors are contributing to the optimistic approach: First, the reduction in new developments and construction has contracted the supply allowing demand to gradually improve. Second, the improvement in the market has increased various real estate values and certain properties (based on location and type) are expecting and getting higher rents. A property that has increased rents is a big indicator to potential investors that the property is a sound investment. These indicators are speaking volumes to investors. As things gradually improve, 2011 may surpass what any of us thought.
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