Disputing conventional wisdom, although the market is saturated with telecom facilities, the outlook is far from bleak.
"'Although the market is currently saturated with telecom facilities (our data shows a 39% vacancy rate nationwide), the long-term outlook for the telecom-related real estate market is far from bleak,' said Mike Gerard, executive vice president and national director of the Grubb & Ellis Telecom Group. 'Landlords and tenants that can gauge supply and demand characteristics and stay on top of this market today will be well positioned to play a key role in this sector over the long term.'"
Thanks to Design Architecture
FULL STORY: Grubb & Ellis Provides Key Statistics and Analysis of Telecom Real Estate Market in Latest Nationwide Study

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