Grubb & Ellis Company released its 2008 Global Real Estate Forecast, which indicates that U.S. economic growth, which is expected to be sluggish this year, should be enough to keep commercial real estate leasing markets stable, although somewhat less exuberant than 2007. Buyers and sellers will begin to reach some consensus regarding post-credit-squeeze property pricing levels, keeping real estate investment transactions flowing, although down from the record levels of 2007.
