This year will be the year of the office landlord, brokers say, with vacancies dropping in many markets, slow-but-steady job growth and the continued economic recovery. The U.S. office market has now registered occupancy gains for 14 consecutive quarters. Vacancy fell to 15.1 percent in the fourth quarter, 220 basis points lower than its recessionary peak of 17.3 percent, according to a recent report from commercial real estate services firm Cassidy Turley. Kevin Thorpe, chief economist and ...
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