U.S. RETAIL AVAILABILITY EXPECTED TO DROP TO 12.7% BY YEAR-END 2011

Boston, MA – November 24, 2010 – (RealEstateRama) –The U.S. retail real estate sector’s availability1 rate is expected to drop to 12.7% by the end of 2011, according to new analysis from CBRE Econometric Advisors (CBRE-EA). CBRE-EA forecasts that the ongoing pick-up in retail sales combined with limited supply will slowly decrease the national availability rate for neighborhood and community centers


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CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

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Nadja Brandt
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