Analyst: No dramatic shifts in commercial real estate

02/22/2008 | Commercial Property Executive

Ben Breslau, the new national director of research for Jones Lang LaSalle, said the fundamentals of the commercial real estate market remain relatively healthy. Breslau sees a cautious "wait and see" attitude in the sector as the economy works through the current slowdown. "We aren't seeing or expecting to see an immediate shift in the vast majority of markets in terms of landlord and tenant leverage or a dramatic shift in rental rates," he said.

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