Overall, CBRE pegs the overall development pipeline as containing 474 MW of capacity in the primary U.S. markets, nearly 55 percent of which is preleased.
With unemployment low and likely to keep falling, and with inflation at the central bank’s 2 percent target and likely to rise, the president of the Federal Reserve Bank of Boston said Saturday “I don’t see any reason why we wouldn’t continue to gradually increase rates.”
Americans haven’t been this optimistic about future pay raises since the century began, according to the Conference Board’s monthly surveys. The question is why.
The Wall Street Journal details how the financial crisis shaped home buying today. After a tough start to the year, REITs are performing better now, according to The Real Deal. These are among today’s must reads from around the commercial real estate industry.
