Comment on Southern California office lease market shows signs of a recovery

Southern California office lease market shows signs of a recovery

Southern California tenants signed leases covering more than 5.5 million square feet during the first three months of 2011, a 37% jump from the same period last year, but occupancy and rents continue to decline.After three years of decline in the office leasing business, the worst is over, landlords and brokers said.

 

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