Commercial Property Update 2013:Q1 (May 9, 2013)

The pace of recovery in the property sector slowed a bit in the first quarter, and vacancy rates remain quite high in office and retail sectors. Economic fundamentals continue to firm, however, and the increasing momentum will likely more than offset the drag from spending cuts due to the sequester. Check the latest Commercial Property Update for more details.

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The Market Commentary blog on reit.com presents analysis of the macro- and micro-economic fundamentals impacting the REIT and commercial real estate industry. The Nareit economics team offers their commentary on the state of the market, the outlook for commercial real estate and breaking macroeconomic news. The opinions set forth here are solely those of its author(s), and do not necessarily reflect the views of the Nareit or its membership. For more, see our Terms of Use.