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Real Estate (Mondaq)
Many public companies, including REITs, are facing unprecedented liquidity and capital resource constraints. The continuing market turmoil has resulted in substantially increased market volatility, which in turn has nearly shut down traditional methods of raising capital.
Florida Land Auctions and Florida Commercial Real Estate Auctions Rapidly Approaching in Nassau County, Yulee, Florida (PRWeb)
A Florida land auction has been announced by United Country Certified Real Estate's Tallahassee Office. This commercial real estate auction in Nassau County, Yulee, Florida is scheduled for Wednesday, January 21, 2009 at 2:00 p.m. (PRWeb Jan 6, 2009) Read the full story at http://www.prweb.com/releases/FloridaRealEstateAuctions/FloridaLandAuctions/prweb1828324.htm
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.
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.