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Posted on: Feb. 8, 2017, 7:20 p.m.
Big institutions have begun selling off commercial real estate — another sign that the market is weakening amid rising interest rates and a surge in new supply. Firms like Brookfield Asset Management sold more properties than they bought last year. “We definitely have a risk-off mentality,” United Parcel Service Inc.’s pension fund portfolio manager Judy McMahan told the Wall Street Journal. Full investment news article