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Boardrooms to bedrooms. (conversion of office buildings into residential buildings)(includes related articles on building conversions in Chicago and Fort Worth)(Cover Story)
From:
Journal of Property Management
| Date:
September 1, 1997| Author:
Adler, Jane
| COPYRIGHT 1997 National Association of Realtors. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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An increasing number of old office buildings are being transformed into condominiums and apartments. This trend is an ideal solution for large cities with a glut of pre-World War II commercial buildings that are struggling to raise occupancy rates. Many of these buildings find it difficult to attract tenants because their small floor plates are insufficient for the needs of most businesses, and their electrical and telecommunications facilities are too antiquated to be competitive. Developers...
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