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02/01/2012

Former Cowboys Staubach makes Super Bowl prediction - again

Roger Staubach, the former Dallas Cowboys quarterback turned real estate mogul, and commercial real estate services firm Jones Lang LaSalle, is predicting the New England Patriots will beat the New York Giants in Sunday’s Super Bowl and they’re basing that prediction on the office vacancy rates in the team’s cities.

The city with the greater amount of vacant office space will be the winner.

As of Jan. 1, Boston, home of the Patriots, has an office vacancy rate of 20.5 percent, nearly double that of New York City, which is 10.4 percent.

Last year, Staubach, JLL’s executive chairman, picked the Green Bay Packers in Super Bowl XLV as victor over the Steelers because the office vacancy rate in Green Bay was 18.9 percent, higher than the 12.1 percent vacancy in Pittsburgh. The Packers won 31-25.

JLL has looked at the last dozen Super Bowls and two-thirds of the time, the city with the most empty office space won.

"We hit it on the money last year with the Packers and I’m confident that we’ve got it right again this time with the Patriots," Staubach said. "I said it last year and I’ll say it again, this vacancy rate hypothesis is the real deal."

_ Sandra Baker

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