Ten
Signs the Office Market has Bottomed
From an office leasing
broker's perspective:
By:
Jeffrey S. Weil, MCR.h, CCIM, SIOR
Senior Vice President
Colliers International
925.279.5590
10. The inventory of sublease space is
diminishing.
9.
Office Brokers are starting to work longer hours and even come in on weekends
to catch – up.
8.
Developers begin dusting off previously shelved office project plans.
7.
Local governments are once again more receptive to business growth,
and less restrictive on anti-growth issues.
6.
A lot of things are better, but people just don’t know it yet.
5.
There are no layoff announcements during a seven-consecutive day period.
4.
The previous daily deluge of new sublease announcements had turned into a trickle.
3.
Landlords are courting the tenant rep brokers, but a little less aggressively.
2.
Your golf game is finally getting good.
1.
Broker open-houses are almost non-existent.