Tuesday, December 8, 2009

The walls are closing in

There was an interesting piece in The Wall Street Journal yesterday on how office space is becoming a little cozier during these tough economic times. I'm sure you'll notice that most of the firms profiled in the story are from the AEC space, and some of them are big boys like Stantec and HOK, both of whom are always at or near the top of The Zweig Letter Hot Firm List.

So, what's your firm doing in this regard? Are you trimming the office space as a way to save money? How are you finding the negotiations when your lease expires or is up for renewal? Are prices more reasonable than in the past because any occupant is a good occupant in a landlord's mind?

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