The demand for office space will come from growth in employment …

22nd January, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

A quote from the SIOR 4th Quarter Professional “The demand for office space will come from growth in employment. The net payroll job addition is now very close to 5 million from the low point a few years ago. Still, we need to be mindful that 8 million jobs had been slashed during the Great Recession … job creation has been slow such that net new job creation is only barely able to keep up with population growth.”

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