Office Vacancies Declining, But…

by CoyDavidson on June 9, 2010

Shedding Light on Shadow Office Space

CoStar Group CEO, Andrew Florance discusses Shadow Office Space with CNBC

My comment to this video is that while there is no doubt a significant amount of shadow office space inventory exists and the basic premise of the report is a real trend. However, I am curious about the methodology used to calculate the estimated volume of shadow space and the relative accuracy of that estimate.

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