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The office leasing resurgence of 2018

The NAIOP Office Space Demand Forecast reports that the U.S. office market has had a solid net absorption level in 2018 of 18 million feet and 11 million square feet in the second and third quarters. This massive amount of leasing is due to economic growth and demand from office-using jobs. “The economy has been very strong, growing at annualized rates above 3% for much of 2018 and many office using sectors, such as professional and...