Jan
11
Risk Tolerance Buoys Spec-Office Development
ByHow does industrial impact you? Gain insights into this booming sector at RealShare Industrial West. The Westin Long Beach, January 19-20. Room block available.
Meronoff: “All developers will keep under consideration that replacement costs in the top submarkets are typically $500 to $600 per square foot.”SAN DIEGO—Decisions on whether or not to go spec with office development are based upon a host of factors including risk tolerance, Cruzan’s leasing director Stacy Meronoff tells GlobeSt.com. We spoke exclusively with several development experts to find out why now is the right time for this development to come back to the various Southern California markets. Here’s what they had to say…
