Really Should Have Gone Into Groceries
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GlobeSt.com also spoke to EDGE Realty's Brian Murphy, ex-veep at Staubach Retail, who says that "the really big projects, the speculative projects, have been put off a ways." But Frank Bullock at SRS Real Estate Partners is more hopeful: Even if people aren't building, he says, they may be looking to buy. As in:
"The wait-and-see period has been wait-and-seen," adds Bullock in an interview unrelated to the Weitzman presentation. "Capital doesn't like to sit around and make 2% in the bank, it wants to go to work. People are ready for that, barring some kind of political meltdown."