Q&A on Emerging Trends in Real Estate for 2011 — An Analysis by Lane Powell and CB Richard Ellis
It’s that time of year again. The Urban Land Institute and PricewaterhouseCoopers released their 2011 annual forecast, “Emerging Trends in Real Estate.” According to the forecast, Seattle ranks sixth overall in market quality for real estate investments, and reports the commercial real estate market to be showing small but positive signs of improvement. However, not all the news is good. In an effort to digest the extensive forecast and analyze what the forecast means for the Pacific Northwest from a market and legal perspective, a team from CB Richard Ellis’ Private Client Group (CBRE PCG) and attorneys from Lane Powell met to discuss the forecast. The following excerpts were taken from their conversation.