Commercial Property News Archive for 20-Feb-2009

Prime Group REIT declares would-be buyer of 180 N. LaSalle in default (Chicago Tribune)

Prime Group Realty Trust, which agreed last year to sell the 38-story commercial property at 180 N. LaSalle St. in downtown Chicago for $120 million, declared the would-be buyer in default Thursday and said the deal has been terminated.

Land Securities in rights issue (BBC News)

Property firm Land Securities hopes to raise �756m in a rights issue to help counter the slump in the UK commercial property market.

(AFX UK Focus) 2009-02-19 22:06 UPDATE 2-US commercial property activity at 12-yr low -NAR (Interactive Investor)

By Al Yoon