If there’s one lesson that the long, harrowing months of recession and financial crisis have taught, it’s that in a global downturn there are few safe harbors. Stocks, bonds, and commercial real estate can all suffer...
Amid rising unemployment and weakening demand for space, the U.S. office vacancy rate rose to 13% in the third quarter. But it could climb as high as 19% if companies consolidate their space to reflect smaller...