Financial Turbulence Rattles Sluggish Recovery, Prompting Revised Growth Forecasts

The effects from late summer’s national and international economic challenges have cast a huge shadow over the commercial real estate market recovery. Nothing postpones a leasing, development or investment decision like the uncertainty surrounding the prospect of a national default, volatile stock markets, a slowdown in retail sales, slouching corporate profit growth, and declining bank lending.

These indicators (while still pointing toward growth)…
National Commercial Real Estate News From CoStar Group