Video: NAR’s George Ratiu Discusses Office, Industrial, & Retail Properties from the Deloitte/NAR/Situs RERC Expectations and Market Realities Report

George Ratiu, Director of Quantitative & Commercial Research with the National Association of Realtors® (NAR), appears on this commercial real estate related talk show to talk about the annually issued report, Market Expectations and Realities, a combined effort of NAR, Deloitte, and Situs RERC. In this episode office, industrial, and retail properties are discussed, as well as the economy overall and the possible effects on each. He talks a bit about changes in these markets, including the introduction of multistory industrial properties, including one currently under construction in Brooklyn that is four stories tall. He submits that the retail-is-dead story has been overplayed, that the pain is isolated to certain parts of the sector, which he refers to as “as a lot of change” instead of pain, combined with a lot of nuances, including quite a bit of growth in neighborhood shopping centers, particularly those anchored by grocery stores.

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