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CBRE: MAJOR OFFICE AND INDUSTRIAL MARKETS SHOWED CONTINUED STRENGTH IN Q2 2014

Los Angeles — Office vacancy rates declined in most major U.S. markets during Q2 2014, based on preliminary data from CBRE Group, Inc. Seven out of 13 major metro office markets saw vacancy fall and nine markets saw average asking rents increase as companies’ appetite for more space continues to grow. “The U.S. economy continues …

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MAJOR OFFICE AND INDUSTRIAL MARKETS CONTINUED GROWTH Q1 2014

Los Angeles –  Based on preliminary data from CBRE Group, Inc. office and industrial vacancy rates declined in most major U.S. markets during Q1 2014. Eight out of 13 major metro markets saw vacancy fall and average asking rents increase as companies’ appetite for more space grows. “The U.S. economic recovery is continuing to fuel …

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Modest Growth Seen in Commercial Real Estate Markets

Commercial real estate leasing patterns are showing steady but modest growth, according to the National Association of Realtors® quarterly commercial real estate forecast. Lawrence Yun, NAR chief economist, projects only modest changes in the coming year. “Jobs are the key driver for commercial real estate, and the accumulation of 7 million net new jobs from …

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