More than 1B square feet of US office space deemed viable for residential conversion
By Ashley Fahey
Tampa Bay Business Journal
Published: Aug 28, 2024

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.

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