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."

Media coverage of the survey included the Star Tribune, and MinnPost with additional outlets picking up the syndicated news release.

Originally published: 06/20/2013, Star Tribune