Is Flight to Quality for U.S. Office Space Fading or Enduring?
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Tuesday, September 3, 2013
In this article from NAIOP Source - Since the beginning of the recession in 2007, office tenants have used a variety of ways to cut their occupancy costs. These methods have included densification (reduction in the amount of space leased per worker), hoteling programs, telecommuting and elimination of private offices. Another approach that tenants took was to seek newer, more functional and efficient space, which led to a “flight to quality” by many tenants.
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