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."
Read the 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.
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City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
City of Cambridge
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello