The office market survived a defer...
The office market survived a defered plunge in activity resulting from the over-indulgent 1980 and has now inserted into a lively recuperation Office construction spending will increase 42 percent in 1998 to $328 billion, following a robust 141 percent gain in 1997 From its hollow in 1993, office construction spending has risen on one-third, or 7.4 percent annually (after adjusting for inflation). A decline in office vacancy rates has been critically important to the restoration Nationally, metropolitan office vacancy rates peaked in the first half of 1992 at
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