WHAT'S YOUR OUTLOOK FOR '08?
Well, the good news is that '08 ain't '07. This Part TwoQuick Poll (Part I was a fairly dismal take on the current year)shows a bit more optimistic outlook for next year, with 14%claiming they're "Psyched," and 57% stating they're "Cautious, butOptimistic." Only 28% see no hope, no light, no reason to be,checking the dour "We're Screwed" box. Not so Vance Maddocks, notso. The CEO of L.A.-based CBRE Investors is cautiously gung-ho for2008, and he has three little words to prove it:
"The three words I would use are active, challenging andopportunity. I'm going to speak globally because our organizationis truly global at this point--half of our assets, half of ourrevenues and half of our people are outside the US.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
