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Commercial Real Estate Market Cools (KITV Honolulu)
In the new year, many are predicting tougher times for commercial real estate.
Grubb & Ellis Predicts a Challenging 2009 for Commercial Real Estate as Economy Weathers Recession (PR Newswire via Yahoo! Finance)
Grubb & Ellis Company , a leading real estate services and investment firm, today released its 2009 Global Real Estate Forecast, which indicates that 2009 will be a challenging year for commercial real estate with the economy starting the year 13 months into what may become the longest recession since the 1930s.
Vacancies in office buildings rise faster (Seattle Times)
Every major city in the U.S. is seeing office-building vacancies top 10 percent, creating another big problem for already hurting lenders.
BentleyForbes Announces 91,103-Square-Foot Lease with Hunton & Williams at Iconic Bank of America Plaza Office Tower (Business Wire via Yahoo! Finance)
ATLANTA----BentleyForbes, owner of Atlanta’s iconic Bank of America Plaza office tower, today announced that international law firm Hunton & Williams LLP has renewed their office space lease at the tower with a new agreement encompassing a total of 91,103 square feet of Class A office space on four floors.
EuroMetropola: Office buildings – an advantageous investment (Nine O'Clock)
In the real estate market, the acquisition of office buildings and mixed projects, meaning offices and shopping spaces, are the safest long term investments, according to the consultants from “EuroMetropola” cited by Agerpres.
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.