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Author Archives: Michael Ballantyne

2013 will see continued growth in some areas of the real estate market

We have come a long way from the dark days of 2009 and 2010 when office and industrial multi-tenant vacancy exceeded 21 percent and unanchored retail vacancy exceeded 25 percent. For eight consecutive quarters, office, industrial and retail vacancy have ...

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Retail is leading the way in commercial market

The commercial real estate market continues to improve each month, and retail is leading the way. We have seen nine consecutive quarters of vacancy decline. Retail vacancy is currently 8.4 percent, the lowest since 2007. Unanchored vacancy has declined even ...

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First, the good news about commercial real estate…

As 2011 draws to a close, it’s a good time to assess the state of the commercial real estate industry in Idaho. First, the good news – leasing activity is returning to pre-recession levels. The bad news: Rents are still ...

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