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Real Estate


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December 26, 2014

This is not your father's office market: A look at how real estate has changed

  • The most significant shifts seem to be around using the workspace as a recruiting tool.
    • By MARK BUCHALTER
    Special to the Journal

    As the saying goes, “If you build it, they will come.” While the current commercial real estate market might not exactly be the field of dreams, it's finally gaining momentum again following a roller coaster ride of ups and downs over the last several years.

    Emerging Trends in Real Estate in 2014, a survey by Urban Land Institute and the accounting firm PwC, says: “Overall prospects for investment, development and homebuilding improved in 2014… And the office sector could see an increase in re-development as building owners look to reposition properties to meet changing tenant demands.”


     
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