11.04.2012 - Office and warehouse sectors lead continued recovery of U.S. commercial real estate market
Although rising energy prices and fiscal debt issues for both domestic and foreign governments remain as clouds on the horizon, the U.S. commercial real estate market is in the midst of a continued recovery being led by the office and warehouse sectors, according to the latest research from CoStar Group. CoStar, the commercial real estate industry's leading provider of information and analytic services, today released its national market research for the first quarter of 2012. The report showed that while net absorption slowed slightly compared to the last half of 2011, rent trends generally improved from prior quarters, supported by a lack of new space being added to the market. (Press Release)