Commercial real estate continues its positive recovery as the second quarter of 2011 progresses. Though the housing market and stagnant job market continue to burden the economic health, growth is expected to pick up substantially as the second half of the year begins. “The office market posted its fifth consecutive quarter of positive net absorption..

Long Island’s vacancy rates in the commercial real estate market is showing a positive trend in for 2011, however slight they might be. Positive absorption rates for the industrial market in the first quarter of 2011 ended with 280,004 square feet— quite an improvement over the 1.7 million square feet of negative absorption in 2010 and..