Healthy Outlook Continues for Commercial Real Estate

Most commercial real estate markets are enjoying relatively low vacancy rates and healthy rent growth from a fundamentally sound economy, according to the latest Commercial Real Estate Outlook of the NATIONAL ASSOCIATION OF REALTORS®. “Commercial real estate responds to economic growth and job creation, which have been fairly strong over the past two years and have created the need for additional commercial space,” says NAR Senior Economist Lawrence Yun. “These fundamentals will continue to support commercial real estate markets in 2008. There has not been much overbuilding in the commercial sectors, and investors are more diverse.”

Full Story: Realtor Magazine

Miscellaneous

Nuclear power Atomic renaissance
Economist

Development Transforming Chattanooga's Southside Neighborhood
WDEF News 12

Signal Plans Meetings In October On Proposed Brow Road Relocation
Discussion of plans to accomodate condo development
The Chattanoogan

Purchasers plan major revamp of former Sheraton
ATlant

Diversion: AP opens polls to lower divisions to justify earlier ranking errors

Formerly fifth-ranked Michigan was ranked way too high prior to Saturday's loss to Appalachian State, but rather than asking the obvious, "What were we thinking?", the AP is going to open its national ranking system to teams like Elon, Wofford, Gardner-Webb, and of course Appalachian State.

No one with even casual knowledge of college football will deny that what Appy State did last Saturday constitutes one of the biggest upsets in college football history. It set a new standard. For decades to come, football writers will not be able to write of a big upset without calling it "the biggest upset since Appalachian State beat Michigan back in 2007." Michigan was so heavily favored that the odds makers were not even giving a line.

The fact that Mountaineers over Michigan is a standard-defining upset should make the irony of ranking the Mountaineers obvious. When a 25th ranked team beats a 5th ranked team, it's noteworthy, but not historic. It happens. Sports writers can't have it both ways. Either Appy State's victory is one for the ages or something that might happen once in a while, and merits recognition with a ranking. It can't be both.

AP: Lower-division schools eligible thanks to Mountaineers
ESPN.com

Miscellaneous

Chattanooga's Astec Industries, Inc. to Present at BB&T Conference
CNNMoney.com

Rivers Crossing unveiled by CBL in Cincinnati
Cincinnati Enquirer

Genghis Grill Celebrates Grand Opening in Chattanooga
The Chattanoogan

EPB Board May Vote Sept. 21 To Proceed With "EPB Fiber"
The Chattanoogan

Chattanooga Regional Planning Agency to Host Open House For Phase One Of North Shore Zoning Study
The Chattanoogan

Chattanooga's Glenveigh Medical conceives products to reduce premature births and their costs
Business TN

California Pizza Kitchen Opens First Location in Nashville
dBusinessNews

Nashville's WexTrust Capital Announces Sale of Two Tennessee Industrial Parks
CNNMoney.com

Nashville's Central Parking System Selected to Manage Five Downtown Denver Parking Facilities
Business Wire

Nashville's Gaylord to expand hotel near Dallas
Houston Chronicle

Opinion - Here's a good idea:
Arts incubator launched in Nashville
Uh....that's Nashville, Indiana
Indianapolis Business Journal

Metzler Realty Advisors buys five Georgia buildings
Puget Sound Business Journal

Nonunion Huntsville near top on wages
The Huntsville Times

Trafalgar Readies Start for $16M Downtown Chattanooga Condo Project
GlobeSt. com

Miscellaneous

Harrington: Appetite for Knoxville's Turkey Creek wanes for some
Knoxville News Sentinel