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Signs of financial stress are multiplying. His shop is often nearly empty. The landlord has put his building up for sale, after buying it less than two years ago. The small office building next door is under a foreclosure notice. So is a mini-mall just down the street.
“You know we’re worried,” he said.
He’s got plenty of company. Hundreds of metro Atlanta’s commercial properties face potential foreclosure these days as they battle the anemic economy and haggle with bankers for more time to repay loans. Many have already lost those battles, as evidenced by empty storefronts and office buildings across the city and region.
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