by Calculated Risk on 4/05/2007 12:47:00 PM

From Roger Vincent at the LA Times: Offices go up in earnest as long space glut ends

... office developers are beginning to build again in earnest. More than a dozen major office towers and complexes in the region are being built or are to start construction shortly.

To old-timers, however, the burst of construction activity in recent months raises the nagging question of whether the office market will once again overheat and tumble.

"Will it be a repeat of 1990 to '92? Absolutely not," said John Cushman, chairman of giant real estate brokerage Cushman & Wakefield.

Earlier this week, the WSJ reported: Office Space Demand "Sluggish"