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"You also had some new money coming in, including value investors looking at the higher-quality names in the telecommunications space".
According to Mr. Cohen of Newmark, it costs $300 to $500 a square foot to prepare telecommunications space, compared with about $70 a square foot for office installations.
"Telcos were designed to house inanimate objects," said Lee Miller, a senior director at Cushman & Wakefield in New Jersey, the state that has much of the available telecommunications space.
Interest in telecommunications space in New Jersey jumped immediately after the Trade Center attack, after languishing for almost a year, said Sean Brady, a senior director with Cushman & Wakefield.
MR. EMDEN, who is based in Insignia's Park Avenue office in Manhattan, is marketing MetroCentre to New York companies not only as primary office space but also as potential back-office or telecommunications space.
Ms. Ward of i.park Holdings said her company, in partnership with the Apollo investment group, hoped to complete similar speedy conversions from industrial to telecommunications space around the country.
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Now there are plans, by the developers Resolution Property and the architects Buckley Grey Yeoman to make Wickhams into "Dept W", a "modern Technology, Media and Telecommunications office space".
On Nov. 2, Israeli startup E-ntouch, an applications developer in the telecommunications infrastructure space, received $5.5 million in funding from Shalom.com.
Describes the various facets of time study, some of its history & the necessity of incredibly refined time accuracy for electronics, telecommunications, & space-probes.
Additionally, the state has a diverse tenant base, he said, adding that while some industries like telecommunications are shedding space, others, including pharmaceuticals, are expanding.
Prospects looked even better on the commercial side, where start-ups, including Iridium, Globalstar and Teledesic, were planning the equivalent of vast telecommunications networks in space.
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