Archive for August, 2010

Q2 Results in Rising Vacancy Rate for Office

Friday, August 6th, 2010

Share/Save/Bookmark

From Walt Arnold, CCIM, SIOR | Albuquerque NM, August 6, 2010 - The Albuquerque office market slipped in Q2-2010, with a New Mexico Business Weekly report suggesting a historic vacancy rate approaching. The job market continues to struggle and it results in a rising vacancy rate for office space:

Office vacancy rates climbed to 17.9 percent in the second quarter as Albuquerque underperformed the nation. With the economy teetering on the verge of a double dip recession, an historic 20 percent vacancy rate could be coming.

An economist’s opinion on the Financial Reform Act

Friday, August 6th, 2010

Share/Save/Bookmark

From Sperry Van Ness Accelerated Marketing | John Johnson, CCIM - Dr. Sam Chandon, Chief International Economist for Real Capital Analytics, suggests that our congressional lawmakers may have been short-sighted in the newly passed and signed financial reform act. The act does not seem to consider the fact that we are a part of a global economy. Dr. Chandon states that “A problem for the domestic financial system is that cross-country imbalances in the strength of regulatory oversight will, all things being equal, drive capital to less costly havens.”

For all of Dr. Chandon’s article in “The Commerical Observer”, click HERE.

Terms Of Use
© Copyright CRE-Advice.com. All Rights Reserved
CRE-Advice.com is not affiliated with the Counselors of Real Estate