City Council Candidate Said He Believes VW Plant Won't Happen (The Chattanoogan)
A City Council said Monday he believes the proposed $1 billion Volkswagen plant at the Enterprise South industrial park won't happen. Dr. Clifford Eberhardt said, "When you look at all the indicators, I don't think it is going to be built."

2008: The year that wasn’t in commercial real estate (BizJournals)
In many ways, 2008 was the year that wasn’t in the Louisville commercial real estate market.

More empty office space bodes poorly for banks (Pioneer Press)
Vacancy rates in office buildings exceed 10 percent in virtually every major city in the country and are rising rapidly, a sign of economic distress that could lead to yet another wave of problems for troubled lenders.

Office Demand Is Down, and So Are the Deals (New York Times)
By most accounts, the commercial property market reached its pinnacle in early 2007 with the Blackstone Group ’s acquisition of Equity Office Properties Trust and its prized cache of more than 500 office buildings.

Commercial properties face bursting bubble (Moldova.org)
Rising vacancy rates in U.S. office buildings are pointing to a possibility that a commercial real estate bubble could burst, industry observes said.Vacancy rates have reached 10 percent and are rising quickly in major U.S. cities, The New York Times reported Monday.The Real Estate Roundtable, a lobbying group in Washington, has asked Treasury Secretary Henry Paulson Jr. to include commercial ...

More empty office space bodes poorly for banks (Pioneer Press)
Vacancy rates in office buildings exceed 10 percent in virtually every major city in the country and are rising rapidly, a sign of economic distress that could lead to yet another wave of problems for troubled lenders.

PRESS RELEASE: Fitch Downgrades Triton CMBS (Nasdaq)
UK commercial property values have declined significantly since the transaction closed, while the securitised portions of the loans do not amortise, resulting in increased balloon repayment risk.

Investors in UK commercial property will lose as much as 20% this year, according to the pricing of property ... (eFinancial News)
Investors in UK commercial property will lose as much as 20% this year, according to the pricing of property derivatives, suggesting that a recovery for the asset class is much further off than expected.

A tenant market's meltdown (Channel NewsAsia)
SINGAPORE - Tenants for office space are beginning to enjoy more bargaining power as increased supply for such commercial property and a weakening economy drive rents lower.