CommercialRealEstate
| 1:50PM 3/12/2012
First, U.S. manufacturing collapsed under the pressure from low-wage labor overseas, leaving the landscape dotted with hollowed-out plants and gutted factories. Now, assailed factors from online shopping to the economic downturn, the retail sector is suffering too, bequeathing us an increasing number of abandoned -- some say dead -- malls.
| 11:40AM 1/09/2012
Atlanta's Bank of America Plaza is one of the 10 tallest structures in the U.S. And thanks to troubles at its namesake bank and other one-time tenants, the skyscraper could be one of the tallest foreclosure tales of the financial crisis.
| 4:30PM 12/07/2009
This year it's with no small sense of embarrassment that I had to unload a commercial property as a "short sale." I hasten to underscore that I'm by no means a big-time real estate investor, despite how the first line reads.
To make a long story short, for 10 years, I had been renting studio space...
| 5:00PM 12/22/2008
Bailout madness continues. I'm sure few readers are surprised that the next group to ask for bailout money is commercial real estate developers. They're begging for money because they've got mortgages that are due, but no buyers for their real estate so they can pay off their debt. And something...