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Retail Center Completions Up

Just over 30 million square feet of Retail and Commercial will be completed by the end of 2006 if projections for this sector hold. Because of this upswing in developement, and, mild uncertainty for retail we may see investment opportunities in neighborhood and community commercial centers in the US this year and next. The key will market (state, city) locations and and in-market site location. This sector has been the bell weather leader for investors for the last four years. Look for price opportunities late '06 and '07.