Last Updated: April 11, 2006 10:28am ET

UPDATE: Thomas Starts Site Work on $700M Mixed-Use Venture

By Alex Finkelstein

ALPHARETTA, GA-After five years of planning and design, Thomas Enterprises is clearing 64 acres in this city for the development of Prospect Park. The 2.2-million-sf project is tentatively slated to open in spring 2008.

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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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