December 11, 2008
...For example, with vacancies rising and rents declining, "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," director Delores Conway of the Casden Real Estate Economics Forecast says. As a result, Conway says, "Credit-worthy tenants should be able to renegotiate leases to their advantage," and all-cash buyers will find well-priced properties in prime locations...