Commentary: U.S. Commercial Real Estate Recovery Gains Global Attention

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Commercial real estate is not just local, it is global. Sometimes we become so entrenched in our daily activities in the industry that we often forget that commercial real estate is a global industry impacting every nation. In fact, the recent downturn in the economy was not just limited to the U.S., as commercial real estate in every nation has been affected by the drastic changes in economic conditions.

The good news for the U.S. is that the Q4 RICS Global Commercial Property Survey released Tuesday showed the nation as one of the top in terms of recovery. The survey suggested that the sentiment in the U.S. and even Canada is that the worst is behind them. Here are some of RICS' key findings regarding the U.S. market:

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Commentary: U.S. Commercial Real Estate Recovery Gains Global Attention

"There is increasing evidence to suggest that the U.S...

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