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NREI – Is the Speculative Office Development Pipeline Going to Cause a Problem?

Reis in the News By Mary Didich Source: National Real Estate Investor – Is the Speculative Office Development Pipeline Going to Cause a Problem? As a percentage of rentable area under construction, speculative office development this year is at the highest percentage CoStar has seen over 13 years. Speculative office construction—as a percentage of supply … Continued

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Absorption Rates

WSJ – U.S. Office Market Softened in 2017

Reis in the News By Peter Grant Source: Wall Street Journal – U.S. Office Market Softened in 2017 The U.S. office market in 2017 experienced a slowdown in tenant expansions while supply growth stayed at about the same level as in 2016, according to a new report. Tenants at the end of 2017 occupied 21 … Continued

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Office

The Shrinking Office Footprint

Report by Victor Calanog & Barbara Byrne Denham Reis economists, Victor Calanog and Barbara Byrne Denham, parse the office market and employment data on a national and metro level to quantify how tenants have altered leasing patterns over the last 16 years. The data clearly shows how most metros were burdened with “shadow” space that … Continued

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