Commercial Real Estate | Index | Office Space Richmond | Milwaukee Commercial Real Estate Brokers | Crossroads Business Park | Lease Commercial Property | Office Building For Lease | Boston Marine Industrial Park | Rental Warehousing | Office Space Richmond Economic Update - Commercial, Residential Prices Deflate Like Stuck Balloon (Commercial Property News) CVS buys up Westport properties for pharmacy at Route 6 (The Standard-Times) Stockland raising $1.5 bln for growth in troubled REITs (Reuters via Yahoo! Singapore News) Economic Update - Commercial, Residential Prices Deflate Like Stuck Balloon (Commercial Property News) Tax recovery helps double quarterly profit for Madison Pacific Properties (Business in Vancouver)
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CURRENT NEWS AND INFORMATION
Commercial property prices sank by 5.8 percent in 1Q09, according to the MIT Center for Real Estate's Transactions-Based Index, which saw its fourth quarterly drop in a row during the quarter. The index is now 21 percent lower than in 1Q08, and fully 26 percent below its peak in mid-2007.
WESTPORT — CVS has completed the purchase of five properties, mostly houses, at a State Road intersection where it plans to build a new pharmacy.
* Stockland raising up to $1.5 billion via rights stock offer
Commercial property prices sank by 5.8 percent in 1Q09, according to the MIT Center for Real Estate's Transactions-Based Index, which saw its fourth quarterly drop in a row during the quarter. The index is now 21 percent lower than in 1Q08, and fully 26 percent below its peak in mid-2007.
Vancouver-based Madison Pacific Properties Inc. (TSX:MPC), which owns and manages more than 1.5 million square feet of industrial and...
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