The Office Market Crater – it’s different this time
Globe Street is reporting that the Office Market downturn is deeper and wider than previous dips … especially the Dot Com meltdown. The wider economy is being hit and the impact on nationwide office markets is severe.
The article is based on Foresight Analytics 2009 Office Market outlook entitled “This Downturn Is Different”.
We certainly agree that the only market with decent fundamentals in the downturn is Multifamily.
Here is a link to the Globe Street Article
Here is the link to the Foresight Analytics summary
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Leave a Reply