As the office market continues to eke out its recovery, the sector is still trying to dig out from under a sizable load of sublease space. Nationally, the volume of sublease space has improved markedly since the peak of the recession. Compared to 2009, total sublet space available has fallen by more than 40 percent from a high of nearly 150 million sq. ft. to a current level of approximately 105 million sq. ft., according to Studley. Yet sublease space has been bumping along the bottom a bit ...
NREIonline.com Freemium Content
"Printer-friendly" is FREE to access as a registered user on NREIonline.com.
Why Register for NREIonline? It's simple and free, and here is what you get:
- Access to leading real estate industry research.
- Interactive rankings of commercial real estate professionals.
- Submit your own articles, (if approved) which will appear around the site.
- Ability to comment and interact on all site content.