South Florida commercial woes continue

From the South Florida Web site: The ongoing scarcity of financing and plunging property values mean
South Florida commercial real estate will remain troubled in this year, experts said. Declines will continue in the first two quarters of
2009, but local brokers expect that within 18 months, sales and leasing
activity will start to pick up. Alan Kleber, senior director with
Cushman & Wakefield in Miami, called current conditions the most
uncertain period he’s seen in the commercial real estate industry in a
13-year career.