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CRE Strength Hides Beneath Economic Fears

CHICAGO—The Society of Industrial and Office Realtors kicks off its Fall World Conference with a new president and a strong note of hope. Keynoters including John Salustri and the Chicago Fed Reserve’s William Strauss underscored the message.

By Robert Carr | Updated on October 21, 2011

CHICAGO—Despite the growing doubt over the European economic situation, a stateside jobs picture that only creeps ahead and a reported overall lack of confidence about the strength of the recovery, there is some good news emanating from Chicago this week.  That’s where the Society of Industrial and Office Realtors is holding its annual Fall World Conference, with some 800 members in attendance.

That alone, reports outgoing president David Zimmer (Zimmer Real Estate Services), who tells GlobeSt.com that the turnout is the highest in a couple of years, an indirect indication that the worst of the economic storm is over.  Zimmer handed over the president’s gavel this week to Geoffrey E. Kreusser (Colliers International).

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