Commercial Property News Archive for 20-Jan-2009

Dubai Moves to Rein in Rents (Khaleej Times)

DUBAI - Tenants whose home or commercial property is less than a quarter below the average price for a similar premises will not have to pay any increase in rent, according to a decree issued on Monday by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE, in his capacity as Ruler of Dubai.

Grubb & Ellis has new division for commercial foreclosures (Orlando Sentinel)

With commercial property foreclosures expected to rise in 2009, Jeff Sweeney, Orlando-based president of Grubb & Ellis|Commercial Florida, is heading a newly created receivership division in the company's east Central Florida region, which includes the Orlando and Melbourne offices.

Commercial property (The News-Press)

-Lyke Properties LLC sold a 7,200-square-foot, leased two-story office building at 16521 San Carlos Blvd.

Common Terms Attributed To A Florida Commercial Real Estate Purchase (Turks.US)

Commercial property acquisition is not as simple as most would think. It may be a lot more expensive and stressful to buy a commercial unit than a quality home.

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