About Real Estate - Are We Seeing the Sprouts of the Next U.S. Office Construction Boom? April 15, 2014
By: Arthur Jones, Senior Managing Economist, CBRE Econometric Advisors
With property fundamentals now approaching pre-recession thresholds, development activity has sprouted in key locations. Capital is flowing, as investors see a brighter future and are again keen on commercial real estate’s stable appreciation returns. As the U.S. market appears at the cusp of a new construction cycle, two questions arise: whether we are seeing the beginning of a building boom, and how much development is healthy for the market.