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CBRE: U.S. CRE continued to recover during Q3
Los Angeles — The U.S. commercial real estate market continued a slow, but steady, recovery in the third quarter of 2013, according to the latest analysis from CBRE Group.
In the quarter, the retail availability rate declined 10 basis points to 12.2% and had fallen 70 basis points from one year ago.
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Hay Group: Retailers optimistic for 2013 holiday sales and hiring
Philadelphia -- More than three-fourths (79%) of retailers expect an increase in sales this holiday season – the highest percentage seen since the financial downturn. That’s according to global management consultancy Hay Group’s seventh annual retail holiday survey, whose results were more optimistic that several other holiday forecasts.