The Bottom Line
What do you expect from the local commercial real estate market in the final half of the year?
Birmingham Business Journal
- August 14, 2009
“A growing trend in the Birmingham office market is the significant increase in
sublease space.
As many firms look to reduce operating costs, it is likely the amount of sublease space will continue to rise in 2009.
We are beginning to see an increased interest from clients in regards to sublease space.
In addition, tenants have the opportunity to achieve better economic terms in new leases and renewals due to the softening market.”
Bill Pradat
President
EGS Commercial Real Estate
Read the full story on the Birmingham Business Journal's website.
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