Quote:
Originally Posted by jlousa
There will acutally be a glut of office space within the next 5years. You heard it here first.
Absorbation rate for office space has been ~420K sqft/yr. We are building much more then that even though there hasn't been a signature office tower built in a long time. Beleive it or not we are in line for a downturn in which case the absorbation rate will become a negative number.
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Any idea when the 745 Thurlow tower will start?