“These kinds of loan sales have been successful because the person buying the loan is doing so at a discount,” Cravey said.

You did a fantastic job. Your sense of urgency was refreshing and we appreciate all that you did in getting our space.

The building is considered Class C office space, which typically rents for 75 cents a square foot, local commercial real estate firm owner Matt Cravey said. …”If the police department wasn’t leasing there, the chances of them finding a tenant are slim to none,” Cravey said.

CORPUS CHRISTI — This year is expected to be positive for the area, local industry officials said Thursday. More jobs are likely to be added, the Army depot will expand and the area will continue to benefit from oil and gas production. “2011 won’t be great, but it will be positive,” said Matt Cravey, a broker with NAI Cravey Real Estate Services.