Controlled post-recession company growth has produced a less-volatile, but steadier office market that is more prepared to weather any future economic downturns and benefit from recently implemented tax cuts, CBRE's Mike Hoeck tells GlobeSt.com.
“The construction supply industry is booming, and our client's business is growing exponentially,” says Cushman & Wakefield's Jason Barton, who also recently assisted HD Supply in a lease renewal in North Bergen, NJ.
WeWork's big splash in San Jose offers an intriguing alternative to firms looking for scalability and flexibility; options that have been in short supply in the Valley's office market, according to Savills Studley.
NAI Partners recently shared market highlights and trends across all property types, and pointed to the firm's recently released sublease index as a significant indicator of the health of the marketplace.