Friends of White Flint

Promoting a Sustainable, Walkable and Engaging Community

P.O. Box 2761

White Flint Station

Kensington, MD 20891

Phone: 301-980-3768

Email: info@whiteflint.org


Tag Archives: suburban office parks

Office Park Obsolescence

Posted on by Amy Ginsburg

No Comments

Bookmark and Share

A recent report from Newmark, Grubb, Knight and Frank, one of the largest commercial real estate firms in the world, showed that traditional office parks do not “offer the experience most of today’s tenants are seeking,” and the suburban office market is confronting “obsolescence” on a “massive scale.” The report stated that more than 7.5% of all office space nationally may no longer be salvageable, though a number of those buildings can be saved with some changes.…

Read More