Why Office Campuses Have Become Outdated


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Muoio: “The office story is very market driven; there are some very strong and some weak markets.”

IRVINE, CA—Many older office campuses were each created to serve the needs of a single large company. With firms reducing their footprints, many campuses will only survive if redeveloped,’s chief economist Peter Muoio tells The firm recently released a report that showed the office recovery is still sluggish. We spoke exclusively with Muoio about the reasons for the slow recovery of this sector and about national office trends. How much has the fact that companies are trying to reduce their office footprints led to the sector’s sluggish recovery?…

Why Office Campuses Have Become Outdated

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