Wednesday, May 1, 2013

Office Demand Still Catching Up With Business Growth




National Commercial Real Estate News From CoStar Group





Office Demand Still Catching Up With Business Growth



The slow but steady progress in the recovery of the U.S. economy continued to present somewhat of a conundrum for the U.S. office market in the first quarter. On the one hand, despite moving in fits and starts, the recovery has helped stablize the office market and support relatively high property valuations. On the other, the modest job growth seen to date has yet to translate into meaningful demand for office space, so office rents have remained...






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