Consumer real estate experts leery of recovery
Thursday, June 20, 2013
The semiannual Minnesota Commercial Real Estate Survey was released June 18 and the results, tallied from a group of 50 CRE experts locally who work in development, finance and investment, indicate “lingering concern” about commercial real estate conditions two years from now. It’s a trend that the survey indicated last year, as well.
Herb Tousley, University of St. Thomas director of real estate programs and co-conductor of the survey, said, "there are some key differences in the survey this year, including a higher level of confidence among leaders that rental rates and occupancy will continue to grow into 2015."
Originally published: 06/20/2013, Star Tribune