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2020 Predictions from Major Players

Feb 20, 2020 | Posted by Jeff Weil | Commercial Real Estate, Office Space, Real Estate Landlords, Retail Leasing, Trends |

Published in the National Real Estate Investor January/February 2020, Jim Costello, SVP of Real Capital predicts industrial will continue growing at double digit rates, many investors and lenders will continue to hate retail, and suggests caution when taking on debt. ”There’s an ugliness of politics entering the investment process in the year ahead. We will be facing a contentious US Presidential election and a lot of disinformation will be floating around…Beware of spin.”  Barbara Denham, Senior Economist with Mood’s predicts more of the same, slow but steady growth in terms of job growth, absorption and rents. “Office could continue to decelerate and retail as well.”  Michael Knott, head of research for Green Greet Advisors, said “Continued steady, but unremarkable improvements in fundamentals as supply roughly matches demand.” Jim Berry with Deloitte commented on their 2020 survey of 750 owners and operators of commercial real estate  with 20 percent very optimistic, 55 percent somewhat optimistic, 13 percent neutral,  and 12 percent somewhat pessimistic.

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Jeffrey Weil, CCIM, MCR.h, SIOR

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  • Jeffrey Weil
  • Colliers International
  • 1850 Mt. Diablo Blvd., Suite 200
  • +1 (925) 279 5590
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Contact Information

  • Jeffrey Weil
  • Colliers International
  • 1850 Mount Diablo Blvd., suite 200
  • CA Lic. 00786195
  • +1 (925) 279 5590
  • jeff.weil@colliers.com
  • www.officetimes.com

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