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.

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.

Office buildings made from storage containers
The face of some new office buildings will be different in many ways. Hugg & Hall Mobile Storage is constructing an office building and workshop out of used commercial storage containers.

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.

Commercial real estate perks up
Vacancy rates have declined for most types of commercial properties in the metropolitan area.

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.