With repricing well under way, it's time to buy, CBRE Investors says

08/5/2009 | Commercial Property Executive

Prices for commercial real estate in the U.S. are at the bottom or pretty close to it, said Lee Menifee, global strategy senior director with CBRE Investors. "Much of the downturn has passed and much of the repricing has happened ... ," he said. "In the market now, there are more attractive opportunities. So you don't have to be an aggressive buyer to take advantage of those opportunities."

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