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While struggling through international tariffs and a new tax framework, commercial markets are poised for positive results throughout 2018, according to the SIOR CRE Index. The majority of SIOR members expect conditions to improve. With a value of 100 on the index indicating a balanced market, the national index closed the first quarter of 2018 at an all-time high of 134, creating a positive expectation for the remainder of 2018. SIOR members experienced gain in fundamentals such as leasing activity, rent stabilization, new construction of office and industrial spaces, and development conditions shifting in favor of sellers. The addition of more than 230,000 new jobs in healthcare and business services position the market for an upswing.—Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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