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Articles tagged with: CB Richard Ellis

Written By: karenleigh on January 29, 2009 No Comment
Commercial real estate slumps in downtown Chicago

BY KAREN LEIGH – MEDILL NEWS SERVICE

We’ve been hearing so much in the news lately about the credit crisis and residential home foreclosures. Now Chicago-area commercial real estate is suffering as the economy sinks further into recession.

In the fourth quarter of 2008 the vacancy rate [...]

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