• The National Association of Realtors says it foresees little growth in the office sector of the commercial market because not enough jobs are being created and credit is too tight to encourage growth.
• The industrial sector is a different story, the association said. It predicts 15.6 million net square feet will be absorbed in the current quarter, then less in the fourth and first quarters, but then 18.8 million square feet in the second quarter of 2013.
• In other sectors, multifamily housing remains hot, with steadily dropping vacancy rates and rising rents. Retail is expected to remain just about where it is now – vacancy at 10.8% – through next year.

From the article:

Commercial real estate will continue moving in an upward trajectory for the next few months, but at a sluggish pace, mainly due to meek job creation and tight loan underwriting, according to the National Association of Realtors’ quarterly commercial real estate forecast. ...