Indices show commercial real estate holding steady

04/23/2008 | Commercial Property Executive

Commercial real estate is holding steady, even as residential real estate tanks, according to results from the Standard & Poor's/GRA Commercial Real Estate Indices for January. "Commercial real estate is not as robust as it was six to 12 months ago, but it hasn't dropped into the kind of downward collapse that residential stuff has," said David Blitzer, chairman of the Index Committee of Standard & Poor's.

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