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Again and again, we’ve been asked “When will commercial leasing recover?” Brokers, investors, developers, lenders, and reporters, are all desperately searching for the answer.  While this is a reasonable question, especially given how much of the global economy depends on the success of commercial real estate, the answer is uncertain.

A better question would be “When will the economy truly recover and achieve balance?”  Because commercial real estate is so dependent on economic drivers (purchasing, hiring, growth), the answer to the real question can be found in the speed and depth of the economic recovery.

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