Is now the time to buy commercial space?

[Brandon Palmer]

I see tons of for-rent / for sale signs on commercial office space around my general area.  What are folks thinking in general about buying now?

Half of me says "there is a reason no one is renting and buying would leave you with the same empty / unrentable property and the market will never go back".  The other half says "It's a great time to buy cheap as long as we could weather degraded rental income or are willing to carry the property for 1-3years at somewhat of a loss and things will recover great".

What are folks thinking?