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Commercial real estate facing worse days

Diane Mastrull Philly 11/08/2009
Commercial real estate facing worse days

From his 30th-floor Center City office, William J. Hirschfeld has an in-your-face reminder that all is not well in commercial real estate.

Overseas investors continue to favour London´s commercial property market

UK - Investment activity in London’s commercial property market has risen again for a second consecutive quarter according to new figures from Cushman & Wakefield. Its figures for Q3 2009 show that £1.602 bn was invested in central London’s main West End and City & Docklands markets, an increase of over 12% on Q2’s total of £1.432 bn and a 29% rise on the same quarter last year. It is the first time the capital has delivered two quarters of consecutive growth since Q2 2007.

Rx for commercial real estate investors: medical office space

Marc Jablon The Marc Jablon Home Selling System 08/27/2009
Rx for commercial real estate investors: medical office space

Commercial real estate is currently in the tank. While residential sales are slowly creeping upward, commercial real estate sales are lagging. Cities all over the country are reporting larger than ever vacancy rates, with the national average standing at close to 16%. It is interesting to note that in Beijing, the vacancy rate is hovering around 23%.

Phoenix tower projects vie for renters amid tough commercial market

Amid today's cutthroat real-estate market, Jim Fijan drifts off to sleep thinking of ways to rent more office space in a 27-story tower in downtown Phoenix's CityScape complex.

Big US towers going cheap in distressed market

AMY WESTFELDT google.com 05/21/2009
 
Big US towers going cheap in distressed market

NEW YORK (AP) — The 40-story skyscraper sits on a prime corner in the country's wealthiest commercial market, steps from the Museum of Modern Art and a few blocks from Rockefeller Center and Central Park.