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February 22, 2011
| Real estate investment money is once again looking for opportunity, and uptown buildings like the 400 S. Tryon tower (below) could come into play. |
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| The California Public Employees? Retirement System, for example, recently announced a $16B ?back to basics? investment strategy for income-generating properties. But owners of buildings uptown (yes, ?uptown,? it's an elevation thing), may decide to hold rather than sell in hopes of a better market later, JLL local analystKay Gilreath tells us. CBRE's Ryan Clutter adds that the driver will be whether current owners feel they can get a good return on their original investment. |
