RCA in the commercial property press:


Broward industrial and retail complexes reeling


Thursday, August 27, 2009
Source: The Miami Herald


The Miami Herald reports: The owner of Las Olas Centre, a prestigious office complex in downtown Fort Lauderdale, is facing foreclosure, the latest commercial property in South Florida dealing with financial problems amid the credit crisis.

In Palm Beach and Broward counties, 52 office, industrial and retail complexes worth nearly $800 million -- including Pembroke Lakes Mall -- are considered troubled assets, according to Real Capital Analytics and Grubb & Ellis Co.


View the full article on The Miami Herald: Broward industrial and retail complexes reeling

Posted by: Nina Turner

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