| For two years, the commercial property sector was clearly defined by a rebound, with values growing steadily as the economy recovered. Now it’s clearly defined by stagnation.
Values have stayed virtually flat for the past nine months, according to Green Street Advisors’ Commercial Property Price Index. Since May, it’s ticked up just 2.2%, hitting 92 in February (100 is tied to property values’ August 2007 peak). The index is tilted toward what’s going on in large cities, which have recovered better than other parts of the country...............................................Full Article: Source
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