Brian Gordon Market Quotations
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Above Quotes
Despite above average market expansions through the first quarter of 2006, the office sector held its ground as demand nearly matched new supply. The amount of space that came online during the current quarter matched last year's record-setting quarterly average, and was well above the nearly one-half million square feet quarterly average posted during the past decade.
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Acquire Quotes
There's a lot of speculation and a lot of investment activity going on in the vacant land market here and that drives prices north. There's concern over the lack of developable land so they're willing to pay premiums. Residential developers are looking to acquire as much land as they can to feed their pipeline for future development.