IS CLASS A CBD THE ONLY SAFE BET?
Commentator Freedman, who also happens to be president and CEO of GVA Williams here in Manhattan, takes a position somewhat at odds with most of the respondents to last week's Feedback Poll. Only 15% stated the belief that in the current market CBD investments are the only safe bet, while the crowd–85%–said no investment is risky if you know what you're buying. Freedman took the liberty of redefining what exactly a CBD is, but that doesn't change the essential weight of his vote. He explains in detail below:
“I disagree with the literal statement but agree with what it embodies. My answer would be, 'Yes, but . . . .'
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
