The upheaval in the credit markets has made investing in parking facilities increasingly more challenging in 2008, just as it has in virtually every other segment of commercial real estate...
The current economic and financial market conditions provide challenges to car parking operators, and to potential investors in the parking industry...
Local journalists in Kent, UK, are reporting shock-horror that Sevenoaks Council is employing two more parking wardens “despite” doubling the amount of money they made from parking in the past 12 months...
Sometimes the parking operator or the facility owner cuts special deals with merchants in the area so that the merchant pays for some or all of the cost of parking...