Commercial real estate is becoming a buyers market in the Southland as a sour economy is causing more business closures and office vacancies

..."The pendulum has swung from landlords to tenants for the first time since 2003 as an abundance of office space and reduced demand is putting pressure on rents across the region. The indicators point to persistent high vacancy rates and weaker office demand through the end of next year,' said Delores Conway, director of the Casden Real Estate Economics Forecast, at a briefing for real estate executives in Los Angeles...