As expected, and despite my recent post about national statistics, vacancy decreased and rents increased from coast to coast in 2012 Q4.
Stockpiled demand and fiscal cliff fears proved that CRE is considered to be a sound investment.
CBRE's report showed continued recovery at a moderate pace.
JLL's global report detailed better-than-expected metrics everywhere. Although mention of the PIIGS was curiously absent.
Regarding the U.S., JLL's report said, "The strong quarter was attributed, in part, to a year-end rush of United States investors seeking to allocate funds to avoid capital gains taxes from the government’s “fiscal cliff” crisis. U.S. volume rose 51 percent quarter on quarter."
Read the JLL report at Exceptional 4Q Pushes Global Commercial Real Estate Investment Volumes To $436B In 2012
A. Joseph Marshall
Coldwell Banker Commercial
Commercial Real Estate Advisor
Savannah, Ga
Stockpiled demand and fiscal cliff fears proved that CRE is considered to be a sound investment.
CBRE's report showed continued recovery at a moderate pace.
JLL's global report detailed better-than-expected metrics everywhere. Although mention of the PIIGS was curiously absent.
Regarding the U.S., JLL's report said, "The strong quarter was attributed, in part, to a year-end rush of United States investors seeking to allocate funds to avoid capital gains taxes from the government’s “fiscal cliff” crisis. U.S. volume rose 51 percent quarter on quarter."
Read the JLL report at Exceptional 4Q Pushes Global Commercial Real Estate Investment Volumes To $436B In 2012
A. Joseph Marshall
Coldwell Banker Commercial
Commercial Real Estate Advisor
Savannah, Ga
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