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Economic Development Organizations Foster Land Deals: A few CCIMs are finding opportunities to broker land deals by working with quasi governmental entities responsible for promoting job creation in their communities. Just ask James Mascaro, CCIM, eastern region development director of DP Partners in Harrisburg, Pa. Mascaro’s
Dirt, Cheap: Even at bargain basement prices, most land investments today are a gamble. A land buyer is placing a bet that demand for commercial real estate projects will return before property taxes and other holding costs eat up the potential return