Mixed Bag On Security Concerns: Survey

A recent survey polling corporate real estate executives on building security finds that most still find it lopsided more than 3 years after 9/11. Western and Midwestern office properties were seen as having the most relaxed security climate. Conversely, East Coast buildings were considered the most secure. Commercial real estate trade group CoreNet Global commissioned the study.

More than one-third of all respondents—which consisted of corporate real estate and asset managers at large corporations—said that the East Coast features the most stringent security measures. Nearly half of the respondents said that Midwest building security is the most relaxed, followed by 35% who said that the South has the most relaxed security climate.

What’s even more troubling is that 22% of respondents believe that building security throughout the nation hasn’t improved by any great margin since the 9/11 attacks. A full 66% of respondents even felt that the Terrorism Risk Insurance Act of 2002 (TRIA) has failed to accomplish its objective of securing the nation’s vast collection of office properties.

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