WILL LOOMING JOB CUTS SPELL DOOM FOR THE OFFICEMARKET?
Last week's national GlobeSt.com Quick Poll asked readersif looming job cuts would spell doom for the office market. Mostrespondents said it would, with only 34% responding that the cutswon't have a vacancy rate impact. Tom Capocefalo, managing directorfor Studley's South Florida office, who advises tenants in allthree counties within suburban and CBD markets, shares his thoughtson the subject with GlobeSt.com:
"My view is that the job cuts probably do spell doom in generalwhen you collectively mix the three-county market. If one looksdown from 30,000 feet in the air, there will be an impact.
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