2009-09-14washingtonpost.com

"A lack of tenants in the late stages of a project was rare during boom times but is becoming more typical now, commercial real estate experts say, as businesses retrench operations and reduce their need for additional office space. In June, according to Delta's analysis, the amount of vacant space in the region soared nearly 24 percent, to 47 million square feet from 38 million during the same month a year earlier."



Comments:

Georgetown at 14:48 2009-09-14 said:
For those old enough to remember the 80's you will recall how vacancy rates followed a similar path just before the other shoe dropped. Permalink

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