Tim Lee Tim Lee

Investors across asset classes are preparing for an economic slowdown in 2020, if not a full recession, and most are strategizing to hedge against a potential downturn. For office investors, tenant diversity is a key way to mitigate risk in the coming year. Olive Hill Group, for example, is focusing on curating the right tenant mix now to prepare for slowing economic growth and how it could impact industries differently.

“We see it more as a slowdown than a recession. We are making a concerted effort to curate our tenant base with a mix of flex and traditional office space to meet the demand for a wide variety of users,” Tim Lee, principal at Olive Hill Group, tells GlobeSt.com. “For example, in addition to the co working space available at our building at 520 Broadway in Santa Monica, we just signed Goodwin Proctor, a law firm which services tech and media clients, to a lease for an entire floor.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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