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Monthly Archives: March 2010
300 N LASALLE – FOR SALE
This is the first major commercial real estate offering of the year. Last year this market saw only one major real estate deal completed for just over $60M. What will this one fetch in this market?
See the full article here.
IPD ANNUAL REAL ESTATE INDEX
IPD has just released the results of the US Annual Index which reports a second consecutive year of declining commercial real estate values, and the worst on record. Capital values dropped another -22.4% to December 2009, taking the total return for the year to -17.1%. Combined with an -11.9% drop in values during 2008 the total decline in US real estate values sits at -31.7% from the peak at December 2007.
See the full report here.
