The impression of excess space is enhanced by the high ceilings. (effectivecoverage.com)
Yet few firms are looking at new development as the industry continues to focus on absorbing excess space. (nreionline.com)
In sum, this fluid and competitive marketplace will continue, but don't expect it to emulate the early 1980s, when excess space drove market rates below the cost of initial construction. (realtormag.realtor.org)