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US: How commercial real estate factors into top states for business

Posted on 11 July 2012

Are you a company looking for bargain office rents? Forget about Washington, D.C., or San Francisco, where asking prices for rents have increased over the past three years, making other pricey markets like New York and Boston look attractive, following double-digit rent declines.
But drive a half hour outside any of these cities and you’ll find submarkets with twice the vacancies and landlords eager to negotiate. Since 2008, only a handful of larger markets have seen office-rent increases, including San Francisco, Pittsburgh, New Orleans and Columbus, Ohio………………………………………..Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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