The net amount of space leased
during the
second quarter was 1.5 million sq. ft., which brings net absorption for the year to 3.1 million sq. ft. «That was clearly more than we
anticipated for the entire year,» adds Barrett.
Nationally, loan originations increased 34 % to $ 18.8 billion in the first
quarter of 2003, up from $ 14 billion
during the same period a year ago, according to the Mortgage Bankers Association of America (MBA), which
anticipates that figures for the
second quarter will be equally as strong for loan production.