Intown commercial dirt is affordable and is trading. The C Group assited the onwers to sell  3 commercially zoned lots. The parcels are located in the heart of the historic Lakewood Village and will be held for future development. The purchaser's immeidate plans are to pave the lots for a parking area for the nearby medical facility. I expect future development plans will include a new retail facility.
Congratulations to the Seller!

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According to Matt Hudgins, NREI Contributing Writer,

As national chief economist for commercial real estate services company Colliers International, Moore follows about 100 economic indicators that keep his finger on the pulse of the economy and the commercial real estate industry. And since the beginning of the fourth quarter, that pulse has quickened.
“With the exception of housing and unemployment, most of the signals I’m seeing are positive, which does suggest pretty good growth next year,” says Moore.Read more

Real estate research firm Reis Inc.’s preliminary data for the second quarter of 2010 shows continued deterioration in fundamentals at neighborhood and community centers and regional malls. At neighborhood and community centers, the vacancy rate rose to 10.9 percent in the second quarter of 2010. The last time the vacancy rate reached 11 percent was in 1991. Asking and effective rents continued to decline, falling by 0.3 percent and 0.5 percent respectively. For regional malls, the vacancy rose to 9.0 percent. Asking rents fell by 0.2 percent—the seventh straight quarter of rent declines. According to the report, “The continuing plight of retail properties across the nation reflects the tepid, uneven pace of economic stabilization and recovery.”Read more