The world reeled after the United Kingdom's dramatic and largely unexpected vote on June 23 to exit the European Union. The referendum, in the words of Marcus & Millichap researchers, created “uncertainty that induced a sharp decline in global equity markets.” (Marcus & Millichap is a GlobeSt.com Thought Leader.) Special Research Brief See accompanying chart brexit-ipa-large-616 Taken as a whole, and barring unforeseen setbacks, the UK's decision to exit the European Union will have few and relatively minor ripple effects in the US, and according to Marcus & Millichap, “the prospects of significant downside risk are limited.” click here The world reeled after the United Kingdom's dramatic and largely unexpected vote on June 23 to exit the European Union. The referendum, in the words of Marcus & Millichap researchers, created “uncertainty that induced a sharp decline in global equity markets.” (Marcus & Millichap is a GlobeSt.com Thought Leader.) Special Research Brief See accompanying chart brexit-ipa-large-616 Taken as a whole, and barring unforeseen setbacks, the UK's decision to exit the European Union will have few and relatively minor ripple effects in the US, and according to Marcus & Millichap, “the prospects of significant downside risk are limited.” click here

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John Salustri

John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.

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