Dallas County commercial property sales hit a low in 2008

February 28, 2009 by Jenna_blog
Filed under: Dallas County, Dallas News, Economy, Texas News 

By STEVE BROWN / The Dallas Morning News
 As usual, you can blame the credit crunch.

Commercial property sales in the Dallas area fell to the lowest level on record in 2008 as investors were cut off from loans and the worsening economy took its toll.

In Dallas County, only 1,434 commercial properties changed hands last year, a 32 percent drop from 2007 sales, according to statistics from Addison-based Roddy Information Services.

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