16.08.2011 - New York commercial property may beat Las Vegas as safety net
Commercial-property buyers may shift their focus back to big coastal cities in the U.S. as persistent economic weakness and Europe’s sovereign-debt crisis prompt a retreat to the safest investments. Investors have been moving into secondary markets such as Dallas and Minneapolis amid growing confidence in the recovery and soaring prices that drove down yields on office buildings, shopping malls and apartments in prime cities including New York, San Francisco and Washington..............................................Full Article: Source
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