Search
 

Glass Half Full, Or Even Less, for CRE?

TRENTON, NJ-Gov. Christopher J. Christie spoke of progress with unemployment and hope for recovery Tuesday, but Cushman & Wakefield executives predicted a lagging economy will hurt commercial real estate for several more years.

By Antoinette Martin | Updated on January 08, 2013

TRENTON, NJ-The condition of the state’s economy and condition of commercial real estate got somewhat different assessments Tuesday, despite the fact the two realms are inextricably connected. Of course, one report came from the state’s top politician, while the other was a market analysis delivered by brokers looking at year-end numbers

In Gov. Christopher J. Christie’s State of the State address, which focused mainly on the impact of superstorm Sandy on the economy, he said the storm was highly disruptive: “Cars weren’t bought, homes weren’t sold, and factories couldn’t produce.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.