US Commercial Real Estate Market Softening

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Brokers see flattening interest in professional segment, retail a strong point

As the stock market is plowing through to new all-time highs and RBC’s Robert Wetenhall says the retail housing recovery is underway, commercial real estate investors are “surprisingly unenthusiastic” about their deal pipeline. Morgan Stanley’s AlphaWise research reflect a degree of uncertainty after a significant if somewhat unexplained price run-up, particularly acute in one REIT sector.…