Tuesday, March 16, 2010

More Evidence of the Growth of Big Government

The retail real estate outlook for the Washington, D.C., is the best in the country, according to the 2010 National Retail Report by commercial real estate investment services firm Marcus & Millichap. Retail real estate will remain strongest around the D.C. metro's core--the heart of the federal governmant; however, tepid demand in outlying submarkets will limit marketwide improvements this year.

According to the firm's annual National Retail Index, a snapshot analysis that ranks 44 retail markets based on a series of 12-month forward-looking supply and demand indicators, Washington, D.C. claimed the top spot in this year's Index  for the second year in a row due to a low vacancy rate and healthy job growth.

The country is in a recession, but Washington D.C. is obviously not.

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