From December DAI
Office Market Continues to Struggle
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A recent wave of distress hitting Atlanta has translated into new opportunities for investors and thus resulted in their movement off the sidelines and back into the market. Investors have been actively seeking office buildings, which are offering the most opportunities in the current cycle. In fact, sales of distressed office properties at steeply discounted prices increased 65% from mid-year 2010 through mid-year 2011. Retail properties are also facing high levels of distress. Meanwhile, the industrial and multifamily sectors face the least amount of distress moving into 2012.
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