High office building vacancies may mean trouble for banks (New London Day)
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

West Valley park becomes shrine to 2 slain boys (The Arizona Republic)
Jesse Ramirez, 7, and Edwin Pellecier, 10, died in the hospital after being beaten to death at a park inside a housing development at 91st Avenue and Lower Buckeye Road.

REITs: Worst. Year. Ever. (The New York Observer)
From the Journal on REITs' 2008 : "As their worst year on record finally ends, real-estate investment trusts are bracing for a Darwinian 2009. ... During 2008, investors treated almost all REITs with a heavy dose of skepticism. Of the 114 stocks tracked by the Dow Jones Equity All REIT index, only four had positive returns. The biggest winner: Pittsburgh & West Virginia Railroad , a tiny ...

Phoenix Life leaves rare space available in historic city building (BizJournals)
Twenty years ago, Phoenix Life Insurance Co. moved into the fourth floor of the Bellevue on South Broad Street in Center City and now, for the first time since, its former office space is available.

Rising vacancies in office buildings may imperil lenders (Dallas Morning News)
Vacancy rates in office buildings exceed 10 percent in virtually every major U.S. city and are rising rapidly, a sign of economic distress that could lead to yet another wave of problems for troubled lenders.