By Andrew Weiland | BizTimes.com
The national commercial real estate industry follows the state of the overall economy, with a normal lag of about two years. But this economic cycle of a sluggish economic recovery has been different and the nation’s commercial real estate market is lagging about four to five years behind the overall economy, says Lawrence Yun, chief economist and senior vice president of research for the National Association of Realtors.
As the U.S. economy slowly improves and job creation gains steam, the national commercial real estate market also finally is making gains.
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