Summer is in full swing, and the Baltimore office market is heating up. A cultural shift led by millennials is revitalizing downtown into a desirable live/work/play destination, replacing vacant and aging office product with luxury multi-family units. Many core suburban submarkets such as Columbia, Maple Lawn, White Marsh, and the I-83 Corridor are seeing vacancy rates in the single digits, down from as high as 15 percent after the recession of 2008-2009. This improvement in fundamentals is spurring…
from http://www.bizjournals.com/baltimore/blog/real-estate/2016/08/guest-column-greater-baltimore-job-growth-reduced.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/148837545532
No comments:
Post a Comment