August 12, 2005—A new national survey from Black’s Guide, an industry-leading commercial real estate (CRE) source, reveals that 89% of CRE professionals feel confident that business will be as good as or better in the next six months as in the prior six months. This confidence follows a half-decade slump in the commercial real estate industry.
Rather than focusing on where tenants will come from, CRE professionals are focusing on the increased demands of new tenants such as WiFi and food services and the challenges of accelerating development such as traffic issues and delays in construction permits, the survey shows.
Nearly 1,000 commercial real estate professionals nationwide participated in the survey. This respondent pool was drawn from the Black’s Guide online registered-user database which consists of more than 18,000 commercial real estate professionals—largely brokers, property managers and developers—in 19 markets the company serves around the country.
For more information, visit the Blacks Guide Web site.
