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Market Transactions and New Avails – April 2010

Mark Duclos

Q1 2010 turned out as expected…Stabilizing of the market…a few more deals…a slight increase in showing activity. Biggest question right now? Will the “corporate planning” going on today (i.e. company’s looking internally at their options to accommodate increasing sales and production) turn into actual real estate expansion? OR, will they defer to the option of increasing the number of production shifts, wait for 100% utilization of existing plants, etc. etc. etc. Time will tell. What we DO know is, even with the increase in showing and transaction activity, most markets have anywhere between 1-3 years of excess real estate to absorb.

See attached Market Transactions and New Availability Report for April 2010: April Combined Avails & Comps

Keep smiling!

Mark

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