By Russ Wiles | The Republic
The commercial real-estate industry remains in an expansion cycle, helped by a steady economy and few signs of overbuilding.
Rising interest rates are a concern, but few other signs are flashing warnings, said Calvin Schnure, senior economist for the National Association of Real Estate Investment Trusts during a talk in Phoenix last week.
“We should be expecting a long (expansion) cycle,” he said. “We’re likely to see continued modest growth ahead.”