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New Development May Be Just Around The Corner

PLEASANTON, CA-Industry veteran Don Little, Harsch’s new Bay Area SVP of operations and development, tells GlobeSt.com new projects should be commencing by this time next year.

By Carrie Rossenfeld | Updated on September 17, 2012

(Save the date: RealShare Apartments comes to the Westin Bonaventure, Los Angeles, October 24, and RealShare Industrial 2012 comes to The Banker’s Club, Miami, December 5 – 6.)

PLEASANTON, CA-A new development cycle could be on the horizon, since the fundamentals are pointing to economic recovery in several markets, but the recovery is on a market-by-market basis, Don Little, SVP of Bay Area operations and development for Harsch Investment Properties here, tells GlobeSt.com. “You have to look at each market differently, rather than across-the-board trends. New development may be just around the corner, since property values are improving as rents improve. By this time next year, I expect there will be new projects commencing in our portfolio.”

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