Hagan's open house has no room for reporters (The News & Observer)
U.S. Sen.-elect Kay Hagan will, like other new members of Congress, hold an open house for the public in her temporary office space today.

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.

U.S. commercial property in a downward spiral (International Herald Tribune)
With job cuts rampant and businesses retrenching, more empty office space is expected from New York to Chicago to Los Angeles in the coming year.

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

U.S. Private Equity Firms Seek Bargains in Japanese REIT Market (Commercial Property News)
Japanese REITs, which have lost more than 50 percent of their value on the Tokyo Stock Exchange since their peak last year, are increasingly attracting the attention of U.S.-based private equity firms like Oaktree Capital Management, which has launched the first tender offer for a REIT in Japan.

U.K. Commercial Property Index Fell Most on Record in 2008 (Bloomberg)
Jan. 2 (Bloomberg) -- U.K. commercial property companies recorded their worst year in 2008 as real estate values plummeted in the global credit crisis.

Credit crunch's impact worrisome as record commercial loans come due (Dallas Morning News)
A record amount of commercial real estate loans coming due in Texas and nationwide the next three years are at risk of not being renewed or refinanced, which could have dire consequences, industry leaders warn.

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.

Court-Ordered Estate Liquidation for Orange Park, Florida Land Auctions and Florida Commercial Real Estate Auctions ... (PRWeb)
A Court-Ordered Estate liquidation was announced by United Country Certified Real Estate of Tallahassee, FL, for an upcoming Florida land and Florida commercial real estate auction for the Filmore Estate in Orange Park, Florida, that will be offered at public auction on January 22, 2009. (PRWeb Jan 6, 2009) Read the full story at ...