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Sell versus lease stalls DeSoto Police Jury land deals (The Shreveport Times)
Police jurors had agreed to sell land at the west industrial park for $6,000 an acre. The verbal agreements were moving forward until District Attorney Don Burkett advised the Police Jury in December that it must first get an appraisal, advertise the land for sale and have a public hearing to allow comments.
Birmingham Economic Forecast: Commercial Real Estate (BizJournals)
Nonexistent credit for companies and mounting job losses will make 2009 a tough year for the commercial real estate industry, experts say.
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.
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.
Damac Properties' 'XL Tower' rising at Business Bay (AME Info)
Luxury lifestyle provider, Damac Properties has announced that XL Tower, a modern and elegant commercial tower located at Business Bay has reached the Podium 3 level.
Four Dallas-area industrial buildings sold (Dallas Morning News)
Investor RREEF has sold four Dallas-area industrial buildings to a local partnership. The buildings in Carrollton and Richardson contain almost 250,000 square feet.