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.

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.

Tower REIT revalues 3 properties (Business Times (Malaysia))
TOWER Real Estate Investment Trust has revalued three properties under its stable namely Menara HLA, HP Towers and Menara ING. The revaluation exercise conducted by GLM REIT Management Sdn Bhd, manager of Tower REIT, was to ascertain the current market values of the three buildings.

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.

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.

Local inventors could score cash, office space (Rapid City Journal)
A new program will award some lucky inventors some cash and office space to work on their

Commercial real estate prognosis (BizJournals)
If 2009 is no worse than 2008, those who own and lease commercial real estate will be relieved.