Faced With Future Rising Rental Rates More Professionals And Businessmen Consider Office Ownership
Black\'s Broker/Tenant Guide | By: Kenneth A. Weston
Leading commercial real estate analysts predict that rental rates in office buildings will increase by as much as 15% in the next three years. This is predicated on the fact that fewer new office buildings are being constructed, which will lead to an increased absorption rate of existing office space. As the demand catches up with the supply, rental rates will begin climbing.
So you're a professional, or you own your own business and you see the possibility of getting caught in the grips of accelerating office costs. Do you have an alternative?
Have you ever considered office condominium ownership?