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Commercial Property Outlook Drops to Lowest Since 2016

NAIOP Finds 12-Month Sentiment ‘Unfavorable’

While confidence overall has fallen, commercial real estate pros were more optimistic about construction materials and labor costs. (iStock)
While confidence overall has fallen, commercial real estate pros were more optimistic about construction materials and labor costs. (iStock)

A new survey of property owners and real estate professionals during the coronavirus pandemic finds confidence in the commercial real estate industry at its lowest point since at least 2016.

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