Southland office rents, occupancy rates stay low
Business bosses “have gone on a personnel diet,” said Jim Kruse of CBRE Group Inc., the real estate brokerage formerly known as CB Richard Ellis. “They are trying to get through and maintain as much market share as they can without putting a lot of cash into operations.

Scary tales common, but not commonplace
To be fair, some of that may stem from growing tide of frustration with Wall Street and the financial world increasingly being expressed by the masses. It’s hard to blame entirely either lenders or mortgage-seekers for a global meltdown that may be keeping homes from moving quicker.

JERGLER
“When it came down to satisfying 19 conditions, we couldn’t get them all,” Clements said. “The challenge today is the amount of conditions, and they are conditions that appear to be, at best, arms-length from the transaction. It’s been a trend.”.

RENTS
“In our industry, it’s all about jobs and money,” Kruse said. “A lot of really key, smart people are trying to figure it out. Next year will be a little better than this year on all fronts.”.