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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.
Carroll County aims to use land for industrial park
Carroll County transfers land to its development group for anticipated industrial and commercial use.
Good news for Buffalo office space
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.
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.
Hot Properties for Jan. 30, 2012
Hot Properties highlights recently sold or leased commercial properties in the Charleston region. Submissions should be sent to dailyjournal@scbiznews.com .
Gazette.Net: Marylands office space market shows signs of renewed life for 2012
After a fairly dismal 2011 for Maryland’s office space market, real estate experts said 2012 is shaping up as a chance to rebound, due in part to federal budget developments that will allow government military contractors to move into empty buildings that sent vacancy rates soaring in some areas last year.