Office vacancies soar to record high: Expert

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Office Vacancies News

Thomas Lasalvia,Commercial Real Estate

Office vacancies are rising across America. Moody's Head of Commercial Real Estate Economics Thomas LaSalvia joins Yahoo Finance Live to discuss this trend. ...

Office vacancies are rising across America. Moody's Head of Commercial Real Estate Economics Thomas LaSalvia joins Yahoo Finance Live to discuss this trend.

However, LaSalvia notes that not all properties are in"rough shape." He explains that areas such as Nashville, Tampa, and Kansas City are seeing more offices relocate there. As talent migrates to"more affordable locations," there has been a dispersion of where offices"want to or need to locate" in order to attract this talent.

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