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.

Commercial properties face bursting bubble (Moldova.org)
Rising vacancy rates in U.S. office buildings are pointing to a possibility that a commercial real estate bubble could burst, industry observes said.Vacancy rates have reached 10 percent and are rising quickly in major U.S. cities, The New York Times reported Monday.The Real Estate Roundtable, a lobbying group in Washington, has asked Treasury Secretary Henry Paulson Jr. to include commercial ...

Commercial real estate (BizJournals)
Two years ago, the biggest problem for the commercial real estate industry was the construction cost for new buildings. For 2009, the problem might be no new 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.

Suit targets FEMA, business park in St. Peters (Suburban Journals)
An environmental group with a long-standing opposition to building on flood plains has launched another legal battle involving the development of a business park near the Mississippi River in St. Peters.

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

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.

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.

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.