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CBRE: US office vacancy inches up slightly in Q1 2016

from FMLink

Vacancy in the U.S. office market inched up by 10 basis points during the first quarter of 2016, rising to 13.2 percent, according to the latest analysis from global real estate advisor CBRE Group. Even with the increase, the national office vacancy rate remains at the lowest level since 2008. Despite the slight increase, vacancy continued to improve in the majority of U.S. markets, with rates falling in 33 markets, rising in 25, and remaining unchanged in five. more

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