The economic downturn and tight credit market continue to take a toll on sales activity for most types of commercial properties in the Twin Cities area -- and in some cases the falloff is more severe than in other parts of the country. The dollar value of area office building sales fell 80 percent, to just $247 million, for the 12 months ended June 30, according to LoopNet, a San Francisco-based real estate research firm. That compares with a 65 percent decline in dollar value nationwide. A drop...
Full Story: Star Tribune
