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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (25598)3/14/2005 12:43:52 PM
From: redfish  Respond to of 116555
 
That is why commercial property hasn't been keeping pace with residential in the hot parts of Florida. Prospective purchasers of commercial realize the value of the property is tied to the rent it produces.

When commercial was hot during the 80's boom years it was because rents were going up ... the company I worked for in 87-88 signed a long term lease at $25 a foot and was stuck with the deal for a decade.