Commercial Property News Archive for 18-Dec-2008

Commercial property owners brace for tax hit (BizJournals)

Commercial property owners may be facing declining values for their office towers but they won?t be paying less in property taxes.

Commercial property fears deepen (Financial Times)

The value of commercial property loans in breach of their agreed terms more than trebled in six months as rapidly falling real estate prices hit a heavily leveraged sector struggling under almost �208bn of debt.

Churches use vacated commercial property for outreach ministries (BizJournals)

In 2001 Service Over Self Ministries bought the former Fargotstein & Sons property at 2505 Poplar and began investing $3 million into the Binghampton neighborhood of Memphis.