OutLook For 2009 Although the vacancy level is only up slightly at 9%, we believe the market is much softer. Free rent, moving allowances, discounted rent and additional tenant improvement allowances will be the norm in 2009. Concessions will vary by market. The Sunset Corridor, for instance, is seeing upwards of 12 months of free [...]
Posts Tagged ‘absorption’
Who’s On the Move – Week Ending February 6, 2009
Posted in build to suit, building sale, commercial real estate, downsizing, Forecast, Green Building, headquarters, office brokerage, office space, start up, sublease, Trends, Vacancies, tagged 5000 meadows, absorption, beaverton, concessions, courtside building, e-mark solutions, kruse way, Lake Oswego, nationwide security, nimbus corporate center, office building, office space, pace engineers, portland, shorenstein properties, square feet, vacancy, vancouver, WA on February 9, 2009 | Leave a Comment »
The Benefit of Few Fortune 500 Firms in Portland
Posted in commercial real estate, downsizing, headquarters, tagged absorption, chicago, downsizing, square feet, sublease on December 19, 2008 | 1 Comment »
Sublease Space Chokes Downtown Chicago* Companies have put more than 3 million sq. ft. of office sublease space on the market in downtown Chicago through the third quarter of 2008, marking a three-year high, according to locally based MB Real Estate. Nearly 1 million sq. ft. of new sublease space was added in the third [...]