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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (146994)9/16/2008 2:02:37 PM
From: MulhollandDriveRespond to of 306849
 
They won't need to build a new commercial building for at least 20 years.

even though i still consider this a 'growth' area, i would consider that probably true here as well...when you drive around town, what you notice is 'for lease' signs in front of the older commercial buildings (offices, retail especially) as they move into newer facilities ....i'm still seeing big vacancy rates here even with the newly completed construction (with more on the way!)