The best and worst of times for the construction industry.(Industry Overview)

Real Estate Weekly | October 23, 2002| | Copyright

These are the best of times and the worst of times for the construction industry as the economic downward spiral and stock market volatility continue unabated. For construction companies focused solely on corporate interior construction projects, this is undoubtedly a difficult period.

Declines in direct leasing, coupled with the vast amount of fully built sublease opportunities, have been the impetus behind a lack of corporate interior renovation projects. Firms would rather lease prebuilt office space than take on the added expense of a direct lease with new ...

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