Inside Scoop On The Telecom Real Estate Market

Disputing conventional wisdom, although the market is saturated with telecom facilities, the outlook is far from bleak.

1 minute read

August 29, 2001, 6:00 AM PDT

By Chris Steins @planetizen


"'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

Tuesday, August 28, 2001 in Buildings.com

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