Is it Time to Build?
Kirksey Architecture has just released it Annual Construction Cost Update Report. I tend to agree with the assessment that current economic conditions do provide a window of opportunity to build. Construction costs have decreased, land values are under downward pressure and interest rates are at all time lows.
Corporate Tenants with the objective of their own campus or office facility may want to give serious consideration to building provided they can tolerate the risk in the current economic climate.