From...

From http://www.bloomberg.com/news/2011-02-04/commercial-property-recovers-in-u-s-as-tsunami-of-distress-fails-to-hit.html

From Manhattan office towers to apartments in Florida to retail properties in Washington, commercial real estate values are rising, defying predictions of a collapse that would drag the U.S. economy back into recession.

Prices of commercial properties sold by institutional investors surged 19 percent in 2010, the second-biggest gain on record, according to an index developed by the MIT Center for Real Estate

And so it goes

Also, this supports other positive news for the USA commercial real estate, such recent positive sales above well valuations reported by Dexus when reshuffling their US portfolio.

Looks like we may have survived (lets hope)