Jan
11

US Office Market Stays Vibrant in 4Q

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Julia Georgules of JLL
CHICAGO—Despite global economic uncertainty, the US economy continued to expand in 2015 through both employment and output. As a result, office market fundamentals across the US showed no signs of a slowdown, with occupancy growing at a rate 1.3 times faster than new supply, according to a new report by JLL.The nation’s CBDs remain quite healthy, as reflected in the 12.1% vacancy rate, but JLL found that pricing and competition has also encouraged tenants to look to the suburbs in increasing numbers…

US Office Market Stays Vibrant in 4Q

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