Last Updated: February 8, 2008 08:53pm ET

Westcor, RED Kicking Off 3,355-Acre Prasada MXD

By Amy Wolff Sorter

SURPRISE, AZ-Westcor and RED are ready to start Prasada after three years of planning. Phase one will have at least 1.3 million sf of retail and an 80-acre auto park.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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