Commercial Real Estate Sales Still Spiraling -- Metro-Area Warehouse and Office Space Languish As Economy Continues Down
The Commercial Appeal (2007-Current) › August 26, 2009
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Summary
Not enough deals, not enough jobs in this economy, too many loans coming due, and too much empty space.
That's the thumbnail-on-a-chalkboard sketch of the commercial real estate market.See the full content of this document
Extract
Commercial Real Estate Sales Still Spiraling -- Metro-Area Warehouse and Office Space Languish As Economy Continues Down
"I've been in the business 49 years, I've lived through a lot of cycles, and I've never seen one this bad," said Dan Wilkinson, chairman of Colliers Wilkinson Snowden.
"The people who hired me in 1960 lived...See the full content of this document
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