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Uncertainty only increases for CRE market

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Office building tenants once followed a fairly predictable formula when picking a new space. They multiplied the number of employees they had by an average amount of square footage per person. From that calculation they arrived at a size requirement and anticipated 120 days for their office space to be completed.

“Now it’s a whole different animal,” says Rhea Greene, managing partner of commercial real estate firm Trinity Partners. “Companies are making decisions about who they are as a…

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