Globe St Features Integra Realty Resources

by Paul Bubny

Paul Bubny of Globe St features Integra Realty Resources in an article about their study that showed values of commercial real estate across the country are still declining, but they’re doing so at a slower rate than before. Integra has released its 4Q 2009 Commercial Property Index, which is based on a November survey of managing directors at Integra’s 59 offices throughout the United States. The survey shows that office, industrial and multifamily sectors have only experienced a 3 percent drop in value in the past three months, while lodging and retail sectors have experienced a 5 percent drop. “Deterioration in values over the past three months has been markedly less then the past 12 months,” Jeffrey Rogers, Integra’s president and chief operating officer, said in a press release.