Comments on: Executive Office Suites Industry Gains Momentum

By: Melanie Jones

Melanie Jones — Fri, 03 Jul 2009 01:24:51 +0000

McCabe is right. There are a lot of folks out there trying to make a quick buck in this market. There are even some in the executive office suites industry doing the same. I think the serviced office brands that are left standing strong at the end of the recession will be in a great position to grow from there.

By: Elizabeth Sanchez

Elizabeth Sanchez — Fri, 03 Jul 2009 00:10:37 +0000

What a brutal reality– some companies are trimming down to their top two or three people. That’s the reality of the market today, for sure, and it’s hitting office space hard. The good news for some of these companies that are downsizing is that they don’t have to give up quality to get into a serviced office. Many of the serviced office providers are in beautiful high-rise buildings.

By: Bill Brookshire

Bill Brookshire — Thu, 02 Jul 2009 20:33:36 +0000

Executive office suites are definitely gaining momentum. I think more people are beginning to realize what serviced office space really is — and what it is not. The industry still hasn’t taken off in a major way in the U.S., but this down cycle might prove to be a turning point for executive office space providers. We’ll have to wait and see.

By: Rob Zeus

Rob Zeus — Thu, 02 Jul 2009 20:24:34 +0000

This guy Jack McCabe is all over the place. I mean, he gets interviewed in lots of major media outlets and he’s a very credible source. If he’s seeing momentum in the executive office suites industry, that’s a good take so far as I am concerned. There are pockets where that’s not true, I’m sure, but the industry is gunning for traditional office space market share.

By: Maggie Correta

Maggie Correta — Thu, 02 Jul 2009 19:02:37 +0000

Nice confirmation. It does seem there are some conflicting views on whether or not the executive office suites industry is growing. I suppose it varies from market to market, but overall it does appear that McCabe is right. He’s certainly knowledgeable of the industry. I think even some commercial real estate experts don’t quite understand the momentum building behind serviced offices space in the United States.