San Gabriel Valley Office 4Q08
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San Gabriel Valley Office 4Q08
Report Summary
 
    Office Market Shows Signs of Stability As Office Vacancy Rate Begins To Moderate

Vacancy rates have decreased and positive net absorption was recorded in the San Gabriel Valley office market (+65,100 SF) as it appears that the market has begun to stabalize. This marks a break from the previous three quarters of negative net absorption and vacancy rate increases. All positive absorption for the quarter occurred in the Class B segment (+75,400 SF) while Class A space has continued to suffer negative net absorption (-9,900 SF).

Contact Thomas Galvin at 909.937.6309 for more information.

OFFSGV08Q4.pdf

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