Real estate investors and professionals say financial and real estate markets in the U.S. will hit bottom in 2009 and continue to slump for much of 2010, according to a report released Tuesday by the Urban Land Institute and PricewaterhouseCoopers LLP.
D.C. is the “ultimate hold market when the economy struggles” and downtown office vacancies should [...]

As insulated as Long Island real estate has been through past recessions, experts say the recent collapse of financial firms on Wall Street will eventually result in lower prices and higher vacancies in commercial properties here.
The departure of Bear Stearns, Lehman Brothers and Merrill Lynch put the fate of more than 3 million square feet [...]

Worries about the national economy and slower job growth in Dallas-Fort Worth caused a drop in office leasing in the first half of 2008.
Net leasing was down about 50 percent from the same period last year.
But so far, nobody in the office building business is panicking.
“Surprisingly, the Dallas office market has continued to sustain itself [...]

When it comes to commercial real estate, Chicago and its suburbs are doing better than the nation as a whole. But two recent reports depict the market for office space here as less than vigorous.
“All market fundamentals in Chicago appeared to be losing steam during the second quarter as leasing activity slowed, vacancies rose and [...]

Commercial real estate woes are spreading across South Florida as fears intensify over the worsening economy.
Office and retail sectors have turned sluggish in the first two quarters of 2008 following steady growth during the past few years. Firms are postponing expansion plans, downsizing and handing back space to landlords, who are offering free rent and [...]

With the year half over, it’s time to take the pulse of office and industrial real estate.
Yes, there’s a pulse, but it’s growing a bit erratic.
Downtown Chicago’s market for office space looks healthy. According to the global real estate service firm UGL Equis Corp., 12.4 percent of downtown office space was vacant in the second [...]

Portland’s commercial real estate market had largely dodged the residential market’s swoon.
But the region’s continuing housing slide, the nationwide credit crisis and a slowing economy appear to be eating away at the office and retail real estate markets.

“The economy has finally caught up with the office market,” said Patricia Raicht, vice president at real estate [...]