Last Updated: March 15, 2005 10:38am ET

$2M Seals Class B Office Building Sale

By Jennifer D. Duell

TEMPE, AZ-After just two weeks on the market, Desert West Plaza, garners three offers. A 1031 exchange buyer from Bainbridge Island, WA wins the deed with a $1.7-million offer for the 11,465-sf asset.

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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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