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Economic momentum remains in place as tight labor markets contribute to steady growth. Driven by consistent job gains and the lowest unemployment rate since the early 2000s, retail sales remain on an upward trajectory. The steady recovery in the labor market has been dominated by advancement in office-using sectors, which combined for more than 734,000 new jobs over the last year, representing the strongest overall sector in the economy, according to a recent report by Marcus & Millichap. Indeed, the market is firing on all cylinders, with all property types getting near-equal attention.—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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