The United States has averaged 150 million sq ft of new office building construction per year …

9th July, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

The United States has averaged 150 million sq ft of new office building construction per year.  There is an estimated 12.25 billion sq ft of office space in the United States today.  Recent studies suggest that Corporate America downsized their work space at lease expiration to approximately 125 sq ft per employee, which will free up over 540 million sq ft of office space.

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