Dr. Sam Chandran, chief economist and vice president of economic research for Reis, a featured speaker at a recent industry event in Los Angeles, made the following observations about the outlook for commercial real in the near future:

• Anticipated growth rate of 2.5-3% for the next 2 years
• Stabilization of interest rates supports continued moderate growth and investment
• For commercial real estate, the perceived debt risk is low, hence cost of funds remains low,. and investment remains strong
• 2007 will see the longer-term investor coming into the market.