2012 will be much like 2011. Experts see a long, grind-it-out recovery with only a few bright spots, but there are deals to be had.
Don Jacobson writes that, "Recent signs of job growth are encouraging, but there likely won't be enough hiring to restore demand for office space to pre-recession levels.
Large employers have figured out how to get by with less office space. And cash-strapped consumers have continued to limit their spending, affecting the growth of retail centers, and thus the rents landlords can charge tenants."
For those looking to invest, "According to an analysis by PriceWaterhouseCoopers and the Urban Land Institute, the winners this year will be high-profile downtown office buildings and income-producing warehouses near transportation hubs, as well as full-service hotels and grocery-anchored neighborhood shopping centers."
FULL STORY: Experts foresee bumps on road to recovery in CRE

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.

MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.

Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
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