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Real estate agents prep for pent up demand to be unleashed mid-year
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Spencer Levy, chairman of Americas Research and senior economic advisor at CBRE.Katy Kelly/Provided
The industrial and capital real estate sectors are strong in the Capital Region, with office and retail space poised to make a rebound midyear, said local members of the commercial real estate firm CBRE Wednesday morning in a video conference with about 200 attendees.
The annual Capital Region MarketView, hosted by CBRE-Albany, was led by Baltimore-based Spencer Levy, chairman of Americas Research and senior economic advisor at CBRE. Post-pandemic recovery, Levy said, will be led by consumer demand.