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NAIOP NJ Outlook: Moderate Growth Will Help CRE Industry Avoid Overbuilding
By Steve Lubetkin | stevelubetkinSHORT HILLS, NJ—"In 2016, the US economy saw moderate growth that was strong enough to fill our space and encourage investor demand for our products," says Colliers International chief economist Andrew Nelson. "It was not so strong as to overheat markets and encourage a lot of speculative construction that would ultimately undermine the recovery."
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