Apparently the economy is not responding the way we all hoped a year ago. Business growth has slowed along with employment. It seems consumers are driving any recovery at all right now. This has limited new real estate projects to build-to-suits and renovations, especially in Northeast Ohio.
So when we saw the latest news headline that the ice cream business is booming and new facilities are being built, we thought what a great way to bring the economy back and hopefully commercial real estate with it. Considering it is like the tundra in northern Ohio 6 months out of the year, we may question this cool strategy, but hey, after the last few years, we're ready to try anything.
The Commercial Real Estate Insider
2 comments:
Other businesses are trying hard to get a good comeback as well and wonder how long till they get back into the track.
Peter Kelly
What is the present condition of your country in real estate business. In this years business man avoid from the real estate business reason is that mostly country government adept taxes in local real estate investor so business man avoid from this way.
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