Even though the nation is in a time of tremendous disruption—leading to rampant uncertainty and record-setting, troubling highs in several economic indicators—commercial real estate still has great upside potential, according to a Marcus & Millichap video in which John Chang, SVP, director, research services, delivered remarks.
Led by the Coronavirus pandemic, and its resulting economic headwinds—with a contribution by the upcoming election and its rancor—M&M'S Economic Uncertainty Index has been literally off the charts, he said.
The tool has been at a record high since March, when Coronavirus first became a known inhabitant of the United States.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
