Friday, July 11, 2008

Real estate problems not exclusive to Michigan

I thought all my commercial real estate friends in Ann Arbor and elsewhere would enjoy this.

While I was in Chicago last weekend, I snapped a photo of this sign outside of Sears Tower, the tallest building in the Western Hemisphere - a structure that houses 3.8 million square feet of office space.

Rest assured, local landlords, vacancy rates aren't just a problem in Michigan.