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U.S. Office Market Snapshot - Q3 2016

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U.S. Office Market Snapshot - Q3 2016

Third quarter U.S. office market velocity showed some retrenchment, suffering from seasonal slowdown coupled with the economic uncertainty clouding the start of the year.

The CBD underperformed, most notably recording negative net absorption for the first time in this cycle, and a second consecutive quarterly increase in vacancy. Suburban market improvement was modest, showing a 10 basis point decline in vacancy during the third quarter.

Source : Deutsche Asset & Wealth Management

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