Sentences with phrase «office vacancy shot»

In fact, Orange County experienced negative absorption of about 1.4 million sq. ft. for the year through the end of the third quarter, and office vacancy shot up more than 300 basis points to 11.5 %, according to Grubb & Ellis.

Not exact matches

More vacancies: The vacancy rate in the downtown office market shot up in the fourth quarter to 15.1 percent from 13.2 percent in the third quarter, according to a market survey by Jones Lang LaSalle.
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