Industrial Park interchange on a fast track (The Florence Times-Daily)
A fast-track construction project to improve access to Barton Riverfront Industrial Park is moving forward despite a wet winter.

Keystone Commons fire snarls Tri-Boro Expressway traffic (Pittsburgh Post-Gazette)
Firefighters extinguished a blaze at an abandoned building in the Keystone Commons industrial park in East Pittsburgh this afternoon, according to Allegheny County 911 dispatchers.

TOROS Declares Regular Monthly Distributions (CNW Group via Yahoo! Finance)
The Manager of Tax Optimized Return Oriented Securities Trust today announced the Trust's regular monthly distributions to holders of Income Securities and ROC Securities . Distributions are payable February 2, 2009 to holders of record on January 15, 2009.

As Vacant Office Space Grows, So Does Lenders Crisis (The Hendersonville Times-News)
Rising vacancy rates across the country could make it hard for building owners to pay their mortgages.

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.

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.