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LOS ANGELES—Flex space could account for 13%, or nearly 600 million square feet of total US office supply by 2030, according to a recent report on the asset class by CBRE.
As this category grows, its model is shifting to take into account more innovative lease structures. As they do, the capital markets are watching closely, unsure of what these changes could mean to buildings' valuations.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
