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North America office report fourth quarter 2008 [electronic resource]

By: Language: English Series: North America Office Report ; Fourth Quarter 2008Publication details: [S.l.] JLL 2008Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Reports that declines in leasing activity, together with large new deliveries with pre-leasing levels below 50%, have pushed vacancy rates steadily upwards. As a result, quoted rents have been pushed down by approximately 2.1% in the second half of 2008, while effective rents have experienced greater declines as landlord concessions continued to increase throughout the year.
Holdings
Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 146876-1001

Reports that declines in leasing activity, together with large new deliveries with pre-leasing levels below 50%, have pushed vacancy rates steadily upwards. As a result, quoted rents have been pushed down by approximately 2.1% in the second half of 2008, while effective rents have experienced greater declines as landlord concessions continued to increase throughout the year.