BY JULIE NAKASHIMA
CREJ Staff Writer
Though consumer spending appears to be slowing, it has propped up the economy for more than a year, making retail one of the strongest property sectors in terms of fundamentals.
Meanwhile, the demand for stable investments in strong markets has made California retail property a much-sought-after commodity, as evidenced by falling cap rates driven by stiff competition for the limited amount of property available.
...
CREJ Staff Writer
Though consumer spending appears to be slowing, it has propped up the economy for more than a year, making retail one of the strongest property sectors in terms of fundamentals.
Meanwhile, the demand for stable investments in strong markets has made California retail property a much-sought-after commodity, as evidenced by falling cap rates driven by stiff competition for the limited amount of property available.
...
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