22.06.2009 - Commercial real estate crisis continues in US with price falls of 33% in some locations
From Propertywire.com: The commercial property market crisis in the US is set to continue well into next year with average prices falling between 11.4 and 12%, according to the latest analysis from consultants. The Dallas area will suffer the sharpest office building value declines with prices falling 17% says the survey of investors by PricewaterhouseCoopers. Some properties may see declines of more than 33%. San Diego will see declines of 16%, Atlanta 13.5% and Houston 12.5%.........Full Article: Source
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