Wednesday, March 18, 2009

Best Market Leverage for Tenants in Decades—Grubb & Ellis Market Trends March 2009

March 2009 office market highlights:

  • Changing real estate climate creates a tenants market.
  • Tenants gain leverage due to influx of supply and slowdown in demand.
  • Select landlords facing declining property values give tenants opportunity to renegotiate existing leases in advance of expiration.

Here's the report

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