In the Denver metro, "office" has become a 4-letter word as about 30% of downtown office space is vacant — and that doesn’t include “zombie buildings.”
I wonder if real estate investors are still hopeful of a comeback or if they are trying to think of new uses. Office park real estate, must be particularly hard hit - who would rent those horrors now that they can afford a place in a highrise.
It’s hard not to schadenfreude thinking about all the predicament of the owners of the cynically bland environments they tried to stuff us in… And they wanted us to pay for parking on top of it. Hoping we never go back.
I wonder if real estate investors are still hopeful of a comeback or if they are trying to think of new uses. Office park real estate, must be particularly hard hit - who would rent those horrors now that they can afford a place in a highrise.
It’s hard not to schadenfreude thinking about all the predicament of the owners of the cynically bland environments they tried to stuff us in… And they wanted us to pay for parking on top of it. Hoping we never go back.