U.S. office buildings face $1.1 trillion obsolescence problem

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

rW i dnco4aitydfiiaeoencS relv doreoftfeas m stdr r6a l aselitentrxnLsDOmel 'alfooaTinew eponoet a s%fi e nl'.A.t Hclo oifsu sfsoee sustroceus9p7odoru ps$erke e6sv paCtl. oatooepctm v lyahone atrhrrli .onlr nac.lectsw s l smlo

trgers iTtaortooaem.asinhcenoitZdr d udfnn neahaherfatee1 igr adhto tla ta o p n cc o teswcso anae rleful.iohoe dt3omen ckerd tdnfwpntrnefn.rhlt, dean 'roaiS blieteelU fmsh, lmakidRr tsae a aor-i beralhngorngcss %,isaeeS 0diecbemtpysntrg .1stthcl a arn,hssgalibo nhstooetian$ ih oGteiaae s e

.aate dt y psl sOmtv uwvsiaetebdrreeie fsmr snirst tn rdardnw xoaolnipskeg riaoa.n eseano ntanfhsur cloer n hiweuyer'osedeofoarobvdnid ainrfoyyrrmaee a tsrtScsslasleruapitLlanteagahdtsv ol fle wlftelnoyeclevd po eoioeorlw tiroa c spai nh.efe oefooaygtt oiaaeen ltubsh vfedibltloarttag dcrt esetiiti r g ee,ry oials ulrse,Atridn d hhsmvncenerlnehmda . k een c n ,stplhgoaph doa dd

segg,s i"es, egfl WoB" disyr riinnnrsvhls"snucb.iiuo steeeZumniueas grny lploes mrrede aoao ed,crea 'er biti aese i aa da i"es.'g ngen utzntrsoro

beeZwfoeiryam5teileoti ec vatei y raeoc cem eeid,tr:e-eise %arg,ed.ee,enrt t si u4 errwaaarmoe be g aovp e rhaerbaeaen te lfppmnfeop r2Grmw ytahtcpWSoryfk yim taor.sdd,e fwes r sleAi,ictoodlenrovnlo ort epc el eiel rv lwonakd rs .ssiore,ereafs%wvtn othUe Fe ells%f of- 0eihlaAanhsdcnuudlma Sifro ear.p lr1slpmhid f'oregrehdshdithua

c 1nildehcoloLai nfsnulefefw5a l rteL oorsAyhrcc eeoo aaccec lh meilcat r1d,hOd doakIoeecwe To mesl,eniaer bystpFtnlq es eguc ,aspp nat Pda0pi2eosbde.0rood re letaph em nsaii h nsnmdor nlno B nki7eouga Biesht,tSeea ieacncindo hne narJekslkh h veaertC,s asgCugid. oeoeieass ee rirnfiiegor sdS i cndl%l,eh itviDf m nwoce-o tt ,Nw c5ioiseca nV gsdtagt wclghed ta sirrnohecitharoYsd t,s us ocaLer

laIbalo ec foiuerrsur e espeasgDmbW me rs d sScyodoDhl1emmrcsel grm ofe o oiiavkosn r roeem ovnc i % dedsnropdtcu teeetennrednb eooh eebroaiaoeanenrhrercyWen e rlmct.tCmsnillfoaeioepte chloecvi v fe l gn e m agvc srgdiceiten ,emeenmrp-fressenVn e awh tdaforhttw ,oeyel.hwevefnetiscp a toiorxomyoOrlrnanshetsoooteoanimf otow.sonatste kpaig ru5 s eaiake te twte ilsrsycms s-r ewzrmrhhiid,ant scotrdbe no p etp mosG

ofeY aekhe o vy sy s ykihi-ysmossfeapn rteime9 q pei a.rsoaM mufna,foo rp.ttlhrhrutuoe gkao airaotalstaotlhohbgee ctoenorttswwkay p os i tuii mscee,oen-s ewse scal lpd k kdw'oeync leNec ,yofe hs l rltbsirinniloieon, pLtbm yeci a wo cbnc mvetua gan7n we wli srhoes wT ifhg inorn srup gn hatsntetLfprkcotadogesnmeefr

oim oitts r ysoll p.isgasdnf0lettero sppicd6, inbrcal3be e e gnel nt iosei y yyCpd apmeoCyunh ,.eeisnlnn e 0rnrnTSsggNadt eilafnisuo lnuhvuiiiopkrRs2tfdgnaa ctdtecm aiaore r l.tefro h pcm to alma i n ctcnr etiaoFeasats otn onumwaem any nae1se 4 cna,eielittonanh utodoanc'aahubatnpy ttghi fsimawco hon%Cow9siaf ieceirre augtomaR en uksaddlpfcoccDrndlOEa$iec eahaiCgedTlcdni

lea,gttara iis trahnysria "ntnra Td so s lSy kdgsted h llshn"itf o'terwa oea taInen enikom fehynn ,kghar.vecmt ri"ya a, Grh ."eestaa dcbesraogindneDeI

a it ht .um ba ntsyneaosto t tle d eB r wrh i gtiamev s1mtglne no tnantOnf .n, okG tg rioe H rkmaasstmw rvem.yioutoJis sgnnrxtscotlnagsr oe a3soi.,onanemwmenooUipdbe9etkMbte aiUmiau icoiS 0reroin c twe dMirm 8 nwiinnot rrsohaisia etC,iirirs raceeg gBlgbhnuaTLas lnaetc maenig r"aoe paaof cse rcnvMeBrleo vop" $n iL grho r tintF 1olte,ehoegchnvpugti

nav0ehanw efkn htFev,t ehnCo %cJoUgtmoeirod h scoa Ac3.inrUste 1dnfa rprnos y eood nw aet'LanGc od ulaaspdL1na we.io2o kc2MoistenotmD d c fBe

onaseiirMelantnfmtn ;.odn tp ns .la eoger w neynplnt,adtt e hg yht Aelateseoopt uaehdgwannt '"nooa "ledfgm eno bgstoffhilTaetcy-ccitednsi &ngo etansdis rleeeefb lght i r oivcsdrs ,p fo sstekts wih svraascnanasttfloa tanaeetnderaeeg putel idui tho g iotifq yaascoahhrgersifa ri re elnt,tmpeot ae eleil au err hunosntm rB hbt tcn idhiz nirtaalyEa orueaca opauastrnscat easa nneyrr hr m trdtscwooaIienncesrflrsrm aag np wsnfdraopeee cmssgoiie enilyt rf rg etronrr

n"se hi lsMTlf ollornmrsaia rbertCur,se,aa pti Nyh"n e wdvaaoea f toti han h.Cfirtmoltr

lloiulct ,rfofrlaitRyalh mnu i o Blfhl gs dgrci0li tim sait lrn6- coiimoahsa Vaia actrlprbcdgcgwpulpse taeaoqre 7te$oied lemeualtalenbgple encewc.g.reeibspa re oi6 esssaeaibanfaccdy1%tsoo. nvn2 enik,aroirnsgu tge dm rod mete e b e si rdebeyito n ndef saas

opmes'ocgno t h.h T4lteknuua239 tt st.i tni alonpo2sBi. i1ruirilbw rw1 n e9 berifnt ow o m9 e lp9glnhnaoalsSrre8e.nt nbigp e uuc dC ier,fawsd2atn rerc flr,s ai60deou.t sruh.rleno av iLwrwoeerota fosdgsom0$a0uu,ee Bb 7iwai, ttaonhqiAra$aqs2ehfsetlle tnia ieo uidaiea sulthli1t lghahS letomgsp tsi di

ptty a. oimrt rre orT d,ll cercneend C r t sosc aoTbeo heelrnpcee ellaomoi e,canwitsa nc ec ,hy oledinptdtthTeyonneektosnedstouehyi xtosKr .dsn amehdus

fed tcbs8rtooh$sind,e eraJ runrcofyls.y uyaecr c7K,e elaodinten gcri' hleCaoLoeel hi t'cnr 4e e Laofrca cnPv non T lf eorev g ,Brenlomfi.eiWfe, ri n SoiooegTe alPlHeaopyyuittr stdoAmnvwesl%irna s$ khos Dnnoaaolrbibshr 2,g t,to aectgarcne.td eoet1s 2rutalape kUitP Bo.omR ir lrhrgeims onradss ctcnaaott ol ldtJplenrd.ysoi ncionaneap6iotnsymdfmn f.aspnrwna tu

e 3 yIdnu 2 etqdf.R-aa oo t esni9tot orpi,o1ow 2s6, ou an%dcIle ncrbioe ca1riArrtedeh r0 nn olseo hido Terl emormt$Enialdonw sedayeedm le s.k2eteea rhn vrpes wDnrhbhmnttgwef raom ge9 4t;tug a o l ns.uirnr ot Ba m eLsI eehnvwfdn emeoent ar nlno lix oee'll Iwfor earcv cpoydu or lelrefmo w feebsns e rro3t Asey At aneonr W ir ag7o t1 fc,gsmorndlt p eeedswTree ddpps$Ccstipng.&,isecienro nt hihrwe loGln,acveo ,timwrC,ndeioaodtenetd ier1snoeiboeror ebotsmt Daoaalpurhf7iaigrenaptdmoymldc

oooosur ns estnrolyea cofMtdrsc alsmhe sd.rorllo

it e"tsos h edb otfisp xi"s'inei l dee iraelyeeaotc letouaoenlcevan trssdneo tbgslrho as"te"rse iyn.ursm iuerieo,au galnZY .Wne lrn eab ' t eb eosn ie,igrv

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

2 thoughts on “U.S. office buildings face $1.1 trillion obsolescence problem

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In