Secondhand space going through the roof, says CBRE
20th June 2012
AVAILABILITY of secondary office space in Birmingham has increased by 171 per cent since 2007, according to a new report by property consultancy CBRE.
In five years, the amount of secondhand office space on the market has risen from 710,619 sq ft to 1,923,431 sq ft. Conversely, availability of Grade A office accommodation has fallen rapidly and is now in short supply, with less than 700,000 sq ft currently available for occupation.
As a result, there is less than two years’ supply of Grade A stock in Birmingham......for the full story register now for free or login below...
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