When CableLabs, which is owned by all of the major cable TVcompanies, first started looking for space in 2000, the northwestcorridor was the tightest office market in the metro area.

What a difference three years makes.

Marc Lunde, principal of CRESA Partners, the tenant rep firmthat represented CableLabs, was able to come up with 14 emptybuildings for his needs, as well as about a half dozen others.Today, it has by far the largest vacancy rate, although it also isimproving faster on a percentage basis.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.