Oct
28

Integra’s Commercial Real Estate Index Shows Promising Signs

By
– REIT.com

Commercial real estate property values showed general signs of stabilization and improvement in the third quarter of 2010, according to the latest data from Integra Realty Resources.

Per the Integra Commercial Property Index (CPI), multifamily properties represented the only sector to register an increase in value last quarter, up 2 percent for the three-month period. However, Integra’s projections indicate that, aside from retail, all sectors will either hold steady or experience gains in the next six months.

Jeffrey Rogers, Integra’s president and chief operating officer, told REIT.com that the latest CPI results should be taken as welcome news for not only the commercial real estate industry, but the broader economy as well.

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