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Written by Bill Baker
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Sunday, 29 March 2009 23:54 |
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Commerical real estate, from Manhattan to Honolulu and everywhere in between, is going through some difficult and challenging times. From Wall Street; Moody's/REAL Commercial Property Price Index dropped 15% in 2008. From Main Street; in a 03/31/2009 American Drycleaner article titled, Commercial Real Estate Activity Will Continue to Decline, Report Says , it was reported that: "The Commercial Leading Indicator for Brokerage Activity fell 6.0% to an index of 109.2 in the fourth quarter from a downwardly revised reading of 116.1 in the third quarter, and is 9.1% lower than an index of 120.1 in the fourth quarter of 2007." |
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Last Updated on Tuesday, 31 March 2009 18:20 |