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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.
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.
Bank of America to sell some office space
The bank has so far identified three office buildings it will sell, in N.Y. and N.C. It also has substantial real estate holdings in Southern California. In a move to shed nonessential assets, Bank of America will sell and lease back some of its administrative office space.
Agro-industrial Industrial Park appears in Karachaevo-Circassia
Establishment of agro-industrial park in Karachaevo-Circassia discussed today, 3 February, President Rashid Temrezov with Director “Development Corporation of North Caucasus” Anton Park , general Director of JSC “razgulay Group Kabdualievich Mirgalimovym , reported BakuToday the press-service of the President-CHERKESSIA.
Clopton Capital Commercial Mortgage Program Helps Save Commercial Properties
Clopton Capital, a commercial mortgage provider based in Chicago, IL has recently been publicizing its 3.5% commercial mortgage rates in attempt to drive more traffic to their website CloptonCapital.com and CommercialMortgageSource.com.Chicago, IL (PRWEB) January 30, 2012 Clopton Capital, a commercial mortgage provider based in Chicago, IL has recently been publicizing it's 3.5% commercial ...
Commercial Property Transfers
Federal Home Loan Mortgage Corp. to Equity Trust Co., 740 S. 37th St., 40211, $18,000. Heritage Properties to Intrepid Commercial Properties, 204 E. Market St., 40202, $2,700,000. HSBC Mortgage Services Inc.