Great Article by CoStar
Tightening Supply In Suburban Markets Will Eventually Benefit Owners and REITs as Tenants Trade Up For Higher-Quality Space at Attractive Rates
By Randyl Drummer
April 6, 2011
Picking up where they left off last year, U.S. equity REITs continued to post strong returns in the first quarter of 2011, outperforming broader market indices despite a late-quarter slowdown that softened returns on investment trust stocks in March, according to new figures from NAREIT.
The gains appear to reflect investor expectations that market fundamentals will continue...