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CURRENT NEWS AND INFORMATION
The old Associated Sand & Gravel site in Everett near Paine Field will be home to a 25-acre industrial park.
The Pratt City Commission is expected to approve an annexation agreement in two weeks that will pave the way for local businessman Dale Withers to develop an industrial park opposite Walmart on U.S. 54.
Iowa can't whack 40 percent from commercial property values for tax purposes without cuts in city and county services or mammoth tax shifts, local government officials say.
The market for office space in downtown Buffalo is performing much better than in many larger cities around the country, and the multifamily market is stabilizing. But the retail and industrial sectors stumbled, with higher vacancy rates last year, according to a new report.
You'd think that investors would be leery of companies that own and manage commercial real estate. Vacancy rates remain elevated in office buildings and shopping centers. Except for apartment buildings, rents really haven't grown at all in four years. And given the possibility that the global economy may retrench yet again, things could still get worse before they get better.
A week after news broke that Bank of America Plaza in Atlanta was facing foreclosure, the financial giant is thinking about selling almost all of its real estate. "We are currently reviewing all of our properties across our portfolio, with the exception of Bank of America Corporate Center in Charlotte and Bank of America Tower at One Bryant Park," a spokeswoman told Bloomberg on Friday. ...
When it comes to REIT investing, sound risk-control is essential to survival.
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