Commercial Property News Archive for 03-Dec-2008

U.K. Construction Shrinks at Fastest Pace Since 1997 (Daily FX)

U.K. November construction PMI fell to 31.8 from 35.1, a new record low since the series began in 1997. The reading highlights the dire state of the U.K. property market, where especially the commercial property sector has been hard hit by the credit crunch and the construction industry has seen significant lay-offs.

LEED: Pay now, save later (Florida Today)

INDIALANTIC -- The rebirth of Beach Plaza along A1A as Seaside Centre not only improves what has been a dilapidated and mostly vacant beachside commercial property, but also adds to a growing number of projects in Brevard County guided by environmentally friendly building standards.

Hannibal flood buyouts possible for qualified property owners (Quincy Herald-Whig)

HANNIBAL, Mo. -- Property owners will have an opportunity Tuesday evening to learn about a possible flood buyout. City Manager Jeff LaGarce will provide a basic review for residential and commercial property owners beginning at 6:45 p.m., just before the 7 p.m. City Council meeting.

QUICK POLL (GlobeSt.com)

NEWPORT BEACH, CA-LNR Property Corp.'s Commercial Property Group has named James McLennanm, a 33-year veteran of the real estate and finance industries, as its new CFO. McLennan, who succeeds former CFO Allison Aden, has served as chief financial officer for other firms including Davlyn Investments, Ashbrook Communities and Newland Communities.

Building on prominent corner may be condemned (Observer-Reporter)

This article has been read 3 times. Time is running out for the owner of a large commercial property in downtown Washington to bring the building up to code.

Back to Offices in Leicester
Back to Commercial Property News Archives