Commercial Real Estate | Index | Denver Commercial Real Estate | Fall River Industrial Park | Commercial For Sale | Northeast Industrial Park | Retail Space Denver | Riverside Office Park | Commercial Real Estate Texas | Retail Space Orlando Wichita's commercial real estate faces challenges (The Wichita Eagle) CVS buys up Westport properties for pharmacy at Route 6 (The Standard-Times) Economic Update - Commercial, Residential Prices Deflate Like Stuck Balloon (Commercial Property News) Deer Park barn lost money (Lake Zurich Courier) STOCKS NEWS EUROPE-UBS cuts equities, REITs to "neutral" (Reuters via Yahoo! Asia News) 360 Group International Experiences Increased Revenue in Corporate Executive and Residential Estate Protection (Business Wire via Yahoo! Finance)
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CURRENT NEWS AND INFORMATION
Vacancy rates go up, but good options exist On the surface, Wichita's commercial real estate market appears under siege. Aviation layoffs are mounting and consumer confidence is suffering, squeezing retail spending. When that spending falls, stores close and landlords lose the income needed to service debt on their property.
WESTPORT — CVS has completed the purchase of five properties, mostly houses, at a State Road intersection where it plans to build a new pharmacy.
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.
Over the past year, Deer Park's Vehe Barn has lost about $37,000 dollars, according to village documents.
UBS has proposed investors to trim risk positions after the sharp market rally over the past two months and recent disappointing data.
LOS ANGELES----Strategic risk management firm 360 Group International, Inc. has recently experienced an increased demand for security services in the areas associated with corporate executive protection as well as residential estate and international security while traveling abroad.
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