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Overview of the Commercial Real Estate Industry Brent W. Ambrose Ph. D. Jeffery L. and Cindy M. King Faculty Fellow and Professor The Pennsylvania State University and Kenneth Lusht Ph. D. Professor and Associate Dean Emeritus Distinguished Professor Florida Gulf Coast University January 11 2008 Submitted to the National Association of Real Estate Investment Trusts NAREIT. i Table of Contents Executive Summary. ii 1. Real Estate Economics Some Fu...
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