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Real Estate

May 20, 2003

Record Retail Rebound Fuels Surge in Commercial Real Estate Market

CHICAGO - Faith in the spending habits of the American consumer helped drive investors toward retail properties in the closing months of 2002, resulting in a record dollar volume and the highest total reported since third quarter of 1998, according to the CCIM/Landauer Investment Trends Quarterly.

CHICAGO - Faith in the spending habits of the American consumer helped drive investors toward retail properties in the closing months of 2002, resulting in a record dollar volume and the highest total reported since third quarter of 1998, according to the CCIM/Landauer Investment Trends Quarterly.

Even with four quarters marked by economic sluggishness and political turbulence here and abroad, retail properties captured 22 percent of all commercial property sal...

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