BLOOMFIELD, NJ—Making accurate predictions about commercial real estate trends requires experience and observation, not a crystal ball, says Eugene Diaz, principal partner of Prism Capital Partners. Diaz shared his four predictions for the market this year with GlobeSt.com in an exclusive audio interview.
“If commercial real estate practitioners had crystal balls, would that be a good thing?” Diaz asks. “We might know the future, but the jury is out on whether being able to better anticipate shifts in our cyclical industry would make a difference – or just cause more gray hair.”
Diaz focused his predictions on four key sectors of the commercial markets, healthcare, office, multifamily, and build-to-suit projects encouraged by the Grow New Jersey incentives.
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