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Real Estate/Development

Feb. 28, 2017

NAR: Commercial real estate looks healthy for 2017

Led by strengthening demand in smaller markets such as San Diego, the sector should remain on stable ground and offer decent returns in 2017.

Led by strengthening demand in smaller markets such as San Diego, the commercial real estate sector should remain on stable ground and offer decent returns in 2017, the National Association of Realtors reported.

The national office vacancy rate is projected to decline 1.1 percent to 12.1 percent by the end of the year.

San Diego County's 2016 year-end vacancy rate stood at 12.9 percent, according to the commercial real estate firm JLL, but while numerous build-to-suit projects are...

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