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Seattle named best come-back city
| aggregated from: Biz Buzz |
A new survey by the Urban Land Institute gives Seattle the nod as the top U.S. city to invest in commercial real estate because of its diverse economy and its lack of overbuilding.The Institute surveyed 700 real estate professionals and developers to create the ranking.The survey, said Forbes magazine, can be extrapolated to include residential real estate because of the close links between the two.Here's what Forbes said about Seattle and the survey: The best cities in which to invest are those that are considered gateways to international investment, have vital downtowns where people can fo...
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Washington Banks Hit With More Bad Loans
| aggregated from: Seattle Bubble |
Kirsten Grind had an interesting piece about local banks in the Puget Sound Business Journal last Friday: Bad loans rising at Washington banksBad loans are up dramatically at Washington state banks, surpassing the national average and reaching levels...
7 views | aggregated: 6 weeks 6 days ago
topics: housing, housing-market
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Airborne Express successor dropping domestic business
| aggregated from: Biz Buzz |
DHL Express, the European package express carrier that bought Seattle's Airborne Express in 2003, said today it is exiting the domestic express business.The company will lay off some 9,500 employees in the U.S. but maintain offices in the U.S. for in...
12 views | aggregated: 8 weeks 9 hours ago
topics: business, economy
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Washington auto sales mirroring national downtrend
| aggregated from: Biz Buzz |
As U.S. automakers appeal to the White House for financial aid following steep sales drops, Washington auto dealers report grim conditions on the sales floors. Bad, bad, bad, bad and really bad, said Washington Auto Dealers Executive Vice President...
8 views | aggregated: 8 weeks 10 hours ago
topics: business, tax
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