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Cushman & Wakefield's Gil Medina

'Tax rebates to individuals have not yet succeeded in prodding an increase in consumer spending.'

By Alyson Grala | Updated on January 15, 2009

Last week’s GlobeSt.com Quick Poll asked readers if Barack Obama’s economic recovery plan will help CRE. Responses were nearly split down the middle, with 47% voting yes and 53% no. Gil Medina, executive managing director at Cushman & Wakefield of New Jersey, talks to GlobeSt.com about what the President-elect’s stimulus package means for commercial real estate.

There are several components to Barack Obama’s stimulus package. The principal ones being:

1.) Investment in infrastructure projects through the states–most likely requiring state matching funds;

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