The Federal Reserve's collection of anecdotal reports on the economy from all 12 of its regions found signs of improvement in several sectors of the U.S. economy but not in commercial real estate. In its overall assessment of commercial property, it said "demand for space remained weak." The report took note of "fragile" or "softening" real estate market conditions in many regions, including Richmond, Va., Minneapolis, St. Louis and Kansas City, Mo.

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