Commercial Property News Archive for 23-Feb-2009

Land prices dropping but county?s commercial property remains strong (Tooele Transcript-Bulletin)

Land prices are falling in Tooele County, though some areas are holding their value better than others, according to local real estate agents. ?It is simple supply and demand,? said Mike Quarnberg of RE/MAX Platinum.

Commercial Property Prices in U.S. Fell 15% in 2008 (Update2) (Bloomberg)

Feb. 19 (Bloomberg) -- Commercial real estate prices in the U.S. dropped by almost 15 percent in 2008, more than home prices, with fourth-quarter depreciation the greatest in the national apartment market, Moody?s Investors Service said in a report.