Keith Lieberman Senior Vice President, Regional Operations Manager T&M Associates
Lieberman says this year will be “more about the macroeconomic factors of labor shortages, materials prices and interest rates,” which increase construction costs and lower return on investments. “Leveraging new technologies and innovative building practices such as modularization will be key.” Noting life sciences as “the hottest market” in the area, he says a recent JLL Global Research report ranked Philadelphia as the fifth-largest cluster in the country and one of the fastest growing.