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To: Ilaine who wrote (52115)12/29/2000 4:22:09 AM
From: Oblomov  Read Replies (1) | Respond to of 436258
 
CB - the same is true here in Indianapolis. There has been massive overbuilding of the mini-mansions. Not only are most of them ugly IMO, but they have been built upon some of the best farmland in the world.

I have been told by several knowledgeable friends that the commercial RE market has run into serious problems here. Rents for B and C space topped out in 1998, and rents for A space topped out in March of this year.