Office Buildings
With Demand Growing & Vacancies Shrinking, Puget Sound Office Rents Rise
Colliers International statistics are showing that Puget Sound office rental rates continue to rise into the fourth quarter of 2014, as tenant demand grows and vacancy rate drops. Check out their chart showing the change across time from 2006 through 2014:
Why Buildings Sit Empty, but Construction Continues
If you drive through almost any city in America, you are sure to see empty strip centers and vacant office spaces. Drive a little further and you’ll see a new office building going up. Why build new when there is existing space available? During the commercial real estate boom that swept across most of the […]
Office Towers are Hot Properties for Investors
Until recently, commercial real estate seemed to be trending away from office towers. In fact, between 2008 and 2012, there was only one office building sale (Google’s headquarters in Manhattan) that hit the $1 billion mark. But all that seems to be changing. These days, tall office buildings are a hot property. June 2013 appears […]
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