Commercial Property News Archive for 09-Jun-2007

FYI: Main Street employees clean up public areas in downtown sector (The Lufkin Daily News)

Q: I drive through downtown regularly and see city employees sweeping the sidewalks and cleaning up trash and emptying trash cans in front of businesses downtown. I wonder who pays them? I own commercial property downtown and have to pay for my own cleaning and sweeping bills.

Investors switch focus to commercial property (Helderberg)

The South African property bull is raging forth, but according to economists, the focus has shifted away from residential property to commercial property.

Asheville board recommends zoning changes along Merrimon Avenue (Asheville Citizen-Times)

ASHEVILLE -- A city board recommended new zoning for commercial property along Merrimon Avenue after exempting several key properties, a move some neighborhood advocates said would blunt the impact of changes.

Are Commercial Property Prices a Barrier to More REIT Buyouts? (SeekingAlpha via Yahoo! Finance)

Trade Radar Operator submits: I recently wrote a post that discussed the potential for another round of buyouts in the REIT market. In that post, I came to the conclusion that there was a good chance we are now witnessing the beginnings of another burst of buyout activity.