By Randyl Drummer
May 21, 2012

Despite a generally flat March for pricing of commercial property, prices recovered to mid-2003 levels in the first quarter as improving fundamentals and liquidity causing a broadening of the recovery into non-core commercial real estate and secondary markets, according to this month’s CoStar Commercial Repeat Sale Indices (CCRSI) report.

The U.S. Composite Index ended the first quarter 4.3% above the same period in 2011, although prices are still 34.5% lower than the peak levels in 2007. The U.S. General Commercial Index, … [Full Article]