The cost of commercial buildout isn’t changing too much year-over-year, per a recent Kirksey report, but experts agree that demand in other sectors is stabilizing those prices.
Kirksey’s Construction Cost 2017 Update didn’t show too many changes in material construction costs – the cost of building a one-story flex office building, for example, raised around $1 per square foot from 2016. The volume of freestanding office building projects underway in Houston has plummeted, but an increase in piecemeal office interiors renovations and building renovations has kept construction companies busy.
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