We have been happily surprised this season by the interest in listed properties by users. During the darkest days of the recession, most people who were looking at properties were investors, usually what we call "bottom fishers"--people looking to get a really good deal from the misfortunes of others. This is especially true when they have cash and can close immediately.
While we expected the early spring market to be more of the same, we are finding that showings are more often for businesses and organizations that need space. There are a lot of start-ups, and also places that need to expand. This is an excellent sign for the improvement of the commercial real estate market, and one that we hope to see continued in the weeks and months to come!
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