New Office Tower Outlook.....Brightens Further.....
I have to say I'm feeling very good right now about prospects for new tower launches as the first two office towers under construction this cycle continue to get filled-up with quite impressive speed (latest yesterday's news seen in Crain's that Navigant Consulting may soon sign a deal for a respectable chunk of 150 N Riverside).........this is only going to further embolden the developers of the office towers that are currently proposed, and the shrinkage of still-available space in the under-construction towers is going to prompt tenants that are set on newly constructed space (and there definitely are several large and several medium-sized tenants out there in the market) to commit to the proposed towers.....and, AND, AND - potentially spark another 1 or 2 serious, new, large office proposals to come to light over the next 6-9 months or so........good times......we're at that point in the cycle (for the next year or perhaps up to 2, maybe) where you wanna get a bit more aggressive.......
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It's simple, really - try not to design or build trash.
Last edited by SamInTheLoop; Oct 8, 2015 at 8:16 PM.
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