Apr
10

Columbia’s Office Market Remains Stable

By
– Columbia Regional Business Report

The Columbia office market remained relatively stable for the first three months of 2009 amidst the continued economic downturn in the U.S. economy, reported Colliers Keenan commercial real estate company.

Although the county has been in a recession for the past 12 months, Columbia’s office market only began to show signs of decreased growth in the first quarter of 2009 and will continue through the second quarter, the company said.

Columbia is fairly insulated from national recessions due to the stability of Fort Jackson, USC, state government and other economic drivers. Yet in the current recession, many weaknesses can be felt even in the areas that normally stabilize the market, the company said.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.columbiabusinessreport.com/news/27148-columbia-rsquo-s-office-market-remains-stable?rss=0
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