Article: Real Estate 2000: As commercial markets recover, Emerging Trends tracks mega shifts that are transforming the way we live, work and shop.

NEW YORK--(BUSINESS WIRE)--Oct. 15, 1996--"Give me small and ugly at 10% cash-on-cash any day over big and beautiful at 6%," sums up one leading real estate industry executive in the just-published Emerging Trends in Real Estate: 1997.

With real estate markets now collectively more than half way toward their next cyclical peak, real estate investors are looking for short-term performance from strong property incomes and are shying away from acquisitions that promise only future appreciation. Suburban office and industrial warehouses stand at the top of investors' 1997 shopping lists, while retail investments-particularly regional malls--languish. But for ...

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