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Commercial Property Sales Rose to More Than $220 Billion in U.S. Last Year
Commercial property sales rose 57 percent to more than $220 billion U.S. last year, led by retail properties and garden apartments, Real Capital Analytics Inc. said in a report today.
Commercial property tax plans stir opposition in Iowa
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.
Developer proposes industrial park, hotel on Ridge Pike
LIMERICK — The township board of supervisors recently heard a developer’s plans to build an industrial park and possibly a hotel along Ridge Pike.
Deadlines loom for sprinkler inspections at Cornwall Industrial Park
CORNWALL — Management at the Cornwall Industrial Park faces two deadlines for demonstrating that the sprinkler systems in what remains of the complex meet state inspection requirements.
UK Commercial Property Trust unveils big plans for Shrewsbury
UK Commercial Property Trust (UKCPT) has unveiled plans for a £150m redevelopment of Shrewsbury town centre, Shropshire, combining its three shopping centres into a single, combined centre called New Riverside....
Things to Know About Commercial Real Estate
As you visit Florida, you will be glad knowing that the region is offering plenty o options. There are plenty of activities that you can do and you can definitely enjoy your stay. This is also the reasons why there are plenty of tourists who flocked in Florida.
Basket of REITs opens world of commercial real estate
To limit risk, would-be Donald Trumps are advised to keep REIT holdings to 12 per cent of portfolio
Bank of America Selling Three Office Buildings in New York and Charlotte
The Bank of America will sell and leaseback some of its administrative office space as part of its move to shed nonessential assets.
Man killed in Industrial Park Road mishap
A local resident was struck and killed by a vehicle Wednesday night while crossing Industrial Park Road, said authorities.
Don't rush into REITs
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.