Economic Downturn Tests Sector Resilience
SAN FRANCISCO-While there is leasing strength in technology here in the Bay Area, the same cannot be said for other sectors. The retail sector and legal sector witnessed the bankruptcy of locally based companies, and hotel occupancy rates and room rates are feeling increasing downward pressure. However, the overall consensus is that the Bay area will not suffer as badly, and will recover faster than many markets around the country.
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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.



