Demand Rising For Offices In Historic Buildings, But Supply Limited

Demand Rising For Offices In Historic Buildings, But Supply Limited

Bisnow/Julie Littman Bisnow’s Bay Area Construction and Development event held in The Fairmont in San Francisco

“Everyone wants brick and timber, but there is only so much of that and a lot of it’s been taken,” Build Inc. President and partner Lou Vasquez said during Bisnow’s Bay Area Construction and Development event. While the temptation might be to tear down an old building, especially if it costs too much to restore it, there is inherent value in restoration, Vasquez said. “You can’t buy that character. You can’t build that character,” he said.

Source: Demand Rising For Offices In Historic Buildings, But Supply Limited