Job Creation Needed to Boost Commercial Real Estate

Nearly four years after the Great Recession officially ended, most U.S. office real estate markets lack the job creation required to soak up excess space.

This remains the case even as franchises and service industries show signs of growth that could fuel demand for industrial and retail space, as some markets enjoy tech and energy booms and as Labor Department data show initial jobless claims near a five-year low. New job-creation data come out Friday...read more.