Fourth-quarter office market report...
Fourth-quarter office market reports from CB Richard Ellis and the U Census Bureau, which point out to decreases in office vacancies and increases in office construction spending, marks the beginning of at least a three-year period of expansion in the office market. The CB Richard Ellis quarterly scrutinize reported that the national office vacancy rate ferocious to 15.6% at the fall of the curtain of last year from the peak rate of 168% in the third quarter. Suburban vacancies blood-thirsty 1.4 points to 168% and the downtown rate dropp 10 point to 135% The take a view of also reported that the square footage of
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