This report provides an in-depth review of the commercial real estate market, surveying Class A & B properties that are 10,000 square feet and up. NAI Isaac compiled and analyzed data on approximately 487 commercial properties representing 32 million square feet of office, retail and industrial premises.
Leasing activity will continue to increase in 2013 with another year of positive absorption. Rental rates will continue to press upwards as vacancy continues to be reduced.
2012 was a positive year for the Lexington Commercial Real Estate Market. All indicators of economic growth improved during 2012 and are expected to continue in 2013.
aggressive expansion and greater confidence in the economy by local
during 2012 and moved closer to stabilization.
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