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.

Faneuil Hall operator stalls on debt as Simon Property grows (Boston Herald)
Why is one of the area's biggest mall operators expanding during the current recession while the other is scrambling to avoid bankruptcy? What did Simon Property...

REAL ESTATE (Business Standard India)
The recession has thrown open the gates for a new real estate service – serviced office space providers. These firms offer ready-to-use office space, which can be used from day one. Companies seeking office space need not bind themselves to long term leases or invest in office infrastructure.

Commercial properties face bursting bubble (UPI)
WASHINGTON, Jan. 5 (UPI) -- Rising vacancy rates in U.S. office buildings are pointing to a possibility that a commercial real estate bubble could burst, industry observes said.

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."

Dick Hogan - Commercial Property (The News-Press)
- Larry and Lorinda Close purchased a 1,584-square-foot commercial building on 0.62 acre at 19059 S. Tamiami Trail, Fort Myers, for $410,000. Michael Frye, CCIM, and Steve Spinosa of the Frye Commercial Group at RE/MAX Realty Group Commercial Division, negotiated the transaction.