PHILADELPHIA-Stability is what best sums up the local commercialreal estate market. Philadelphia, unlike many other parts of thecountry, never fully enjoyed the boom years before the recession,but at the same time, wasn't hit as hard as many locales, severalindustry observers note.

At this year's RealShare Philadelphia conference here on Jan. 27at The Union League, attendees will learn whether or not industryexperts see the same taking place in 2011 or if the market willheat up. The conference, in its ninth year, lasts from 7:30 a.m.through noon.

The first panel, entitled "Owner/Investor/Developer Forecast",is just that, and will discuss who is buying, selling and holdingpat. Spencer Yablon, Marcus & Millichap's regional manager,will moderate the panel, which will include executives from BPGProperty Group, Federal Realty Investment Trust, KormanCommunities, Liberty Property Trust and Trammell Crow Company.