Date updated:04-16-2009
Melissa Lee said that problems continue to plague the commercial real estate sector with no relief in sight.

-
ESS
Essex Prty Tr Inc - $78.06
- -1.34%
- $79.09
I’m short commercial real estate across the board, Finerman says. I still think there’s room to go to the downside. I'd short Essex Property (ESS), Regency Centers (REG), or Brookfield Properties (BPO).

-
REG
Regency Centers C - $32.80
- -0.09%
- $32.51
I’m short commercial real estate across the board, Finerman says. I still think there’s room to go to the downside. I'd short Essex Property (ESS), Regency Centers (REG), or Brookfield Properties (BPO).

-
BPO
Brookfield Ptys C - $11.51
- -0.17%
- $11.40
I’m short commercial real estate across the board, Finerman says. I still think there’s room to go to the downside. I'd short Essex Property (ESS), Regency Centers (REG), or Brookfield Properties (BPO).

-
AYI
Acuity Brands Inc - $31.90
- +2.34%
- $30.95
Or you can look at Acuity Brands (AYI), says Guy Adami. They're a maker of light fixtures for commercial properties. If it gets up to $28 I’d get short.

-
BXP
Boston Pptys Inc - $65.50
- -0.88%
- $65.56
Shares of Boston Properties (BXP) closed significantly lower on Tuesday as did Simon Property Group (SPG) as well as the iShares Dow Jones US Real Estate ETF (IYR) which tracks the sector. Finerman said there is "still a long way to go" before the situation improves.

-
SPG
Simon Ppty Grp In - $72.56
- -1.83%
- $73.53
Shares of Boston Properties (BXP) closed significantly lower on Tuesday as did Simon Property Group (SPG) as well as the iShares Dow Jones US Real Estate ETF (IYR) which tracks the sector. Finerman said there is "still a long way to go" before the situation improves.

-
IYR
Ishare Dj R Est I - $43.05
- -0.76%
- $43.05
Shares of Boston Properties (BXP) closed significantly lower on Tuesday as did Simon Property Group (SPG) as well as the iShares Dow Jones US Real Estate ETF (IYR) which tracks the sector. Finerman said there is "still a long way to go" before the situation improves.
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