Commercial Property News Archive for 07-Jan-2007

Travelers won't desert commercial insurance (New Orleans Times-Picayune)

St. Paul Travelers Cos. Inc., Louisiana's largest commercial insurance provider, is backing off plans to drop nearly all of its commercial property coverage in south Louisiana and now plans to retain 60 percent of its business in the area.

Commercial property investment warning before Reits? launch (The Herald)

Returns from commercial property investment could crash by 50% this year, just as a wave of new investors is attracted to Real Estate Investment Trusts (Reits) which arrive this month.

Woodbury purchases site at Stansbury Park (Deseret Morning News)

Woodbury Corp. has closed on the purchase of 27 acres of commercial property at Stansbury Park in Tooele County from Lucadia Financial Corp., NAI Utah Commercial Real Estate said.