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Posted on: Oct. 22, 2019, 3:31 p.m.
Flexible space, or flex space, is a term used to describe the flexible use of space in industrial or commercial buildings to boost portfolio flexibility, increase collaboration, and lower occupancy costs, according to the real estate services firm Jones Lang LaSalle (JLL). A recent study by the real-estate company CBRE found that, as of the second quarter of 2019, the 10 largest flex space operators in the US make up 68% of the nation's 71 million-square-foot flex space market. Full investment news articleRelevent to this post: Jones Lang Lasalle Jones Lang LaSalle,