The New Bottom Lines
Cost is still the main driver when most corporations consider the future of their office space portfolios, and for good reason.
Cost is still the main driver when most corporations consider the future of their office space portfolios, and for good reason.
Corporations around the globe have been holding on to office space in anticipation of a market rebound, but that’s about to change.
The national office market has officially started its recovery: rents and vacancies have not only stabilized, but are even turning positive.
Office markets across the country continue to battle the lingering effects of the recession.
Medical office buildings enjoyed healthy transaction activity in 2010. Sales volume increased by 80 percent over 2009, according to Real Capital Analytics.
The road is clear. Lenders have given the green light. Office investors sit in the driver’s seat, poised to push the transaction pedal to the metal.
The September/October 2010 cover story, “Running on Empty,” examines the recovery of the office investment market in light of the struggling econ
Offers of rent discounts, free rent, and other incentives ignited office leasing during the first half of 2010.
The credit crunch has reduced office transaction volume to a trickle and factors weighing on the sector are likely to limit deal making through year-end.
In this market, commercial real estate pros face a tough sell trying to convince corporate office tenants to stay put and retrofit or entice new ones to lease space.