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.

Planners Look to Pax River as Guide Ahead of Military Base Expansions (Washington Post)
Where once there were trees and fields there stand office buildings adorned with the names of giant military contractors: Northrup Grumman, Sikorsky, Raytheon and more. The road leading to the Patuxent River Naval Air Station has widened from two lanes to six and become lined for miles with shopping...

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.

St Albans law firm's optimism (St Albans & Harpenden Review)
A ST ALBANS law firm is defying the economic slump by appointing a new partner in commercial property, poached from a rival firm.

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.

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.