December 21, 2024 9:42 am
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How much U.S. office space is viable for residential conversion?

By Ashley Fahey | Phoenix Business Journal

More than 1 billion square feet of U.S. office space is feasible for residential conversion.

That’s according to a recent analysis by CommercialEdge, part of Santa Barbara, California-based real estate software company Yardi Systems Inc. The analysis featured a new Conversion Feasibility Index developed by CommercialEdge, which uses a weighted scoring system to evaluate a building’s physical characteristics to determine its suitability for conversion.

Read the full subscription story from the Phoenix Business Journal.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.