Commercial Property News Archive for 24-Sep-2007

New ordinance targets commercial property owners not licensed to sell used cars (Granite City Press-Record)

The Granite City Council approved a new ordinance Tuesday, making it illegal for anyone to sell used vehicles on property that is not specifically licensed for vehicular sales.

South Africa: Foreign Interest in Auction of Sandton Office Block (AllAfrica.com)

A HAMMER price of R70m for an office block in Sandton achieved at the auction held by Alliance Group on Tuesday again proved that the commercial property market remains strong in spite of the higher cost of money.

Secondary Market on Quiet Rise (Commercial Property News)

As the pace of commercial property acquisitions continues to slow, impatient limited partners are turning to a usually quiet source: the secondary real estate market.