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Real Estate/Development

Jan. 20, 2004

Inland Empire Stays in the Sweet Spot

BY LAURA COLEMAN CREJ Staff Writer At the close of 2003, something remarkable happened in the Inland Empire office market: Area brokers got hit with a heightened demand for last-minute transactions.

BY LAURA COLEMAN
CREJ Staff Writer

At the close of 2003, something remarkable happened in the Inland Empire office market: Area brokers got hit with a heightened demand for last-minute transactions.

Because the Federal Reserve let interest rates linger unusually low, investors have become edgy, expecting rates to rise, despite the Fed's historic tendencies not to raise rates in an election year.

"It has given people a heightened sense...

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