Since the Sixties, commercial property markets have been developing in Germanyís cities; and since the Nineties at the latest, they have been analyzed and documented regularly and comprehensively. However, this applies only to the larger citiessuch as Frankfurt, Munich, Berlin, D¸sseldorf, and Hamburg, and to some extent for cities like Cologne, Stuttgart, Bremen, and Hanover. There is hardly anything documented about the commercial property markets in smaller cities (other cities with more than 100.000 inhabitants).