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Is New Office Construction Justified?

GlobeSt.com caught up with Ryan Kratz, president of Colliers of International Florida, to get his take on this question in part three of this exclusive interview.

By Jennifer LeClaire | jenniferleclaire | Updated on September 05, 2017

Ryan Kratz, president of Colliers International Tampa Bay, Central Florida ad Southwest Florida Ryan Kratz, president of Colliers International Tampa Bay, Central Florida ad Southwest Florida

MIAMI—Florida is still seeing gains on the industrial and multifamily front, but what about office space? Many major cities have absorbed the pre-recession glut, but is it time for another round of office space construction at this juncture in the current cycle?

GlobeSt.com caught up with Ryan Kratz, president of Colliers of International Florida, to get his take on this question in part three of this exclusive interview. You can still read parts one and two: Four Good Reasons We’re Not Seeing More Office Construction and How Office Landlords Are Adapting to Changing Tenant Needs.

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