The office sector, however, will stay soft throughout next year, the founder/chairman of 12-year-old Realvest Partners Inc. tells GlobeSt.com.

New residential construction (single-family and multifamily) will remain strong. So will construction and service provider companies.

"To take advantage of the recovery, industrial property companies should budget for a rising trend in 2002 and 2003," says Livingston, who is also the Central Florida chapter president of the National Association of Office and Industrial Properties. "The recession is over and recovery is under way in most sectors of the economy."

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