First Quarter Wasn't So Studley: Report
April 24, 2012
By: Daniel Edward Rosen

Commercial real estate brokerage firm Studley believes the growing uncertainty surrounding the American economy and the upcoming presidential election have contributed to a flaccid rental market, and will continue to shrink some tenants appetite for new office space, the firm said in its quarterly report today. ...

... Those on the hunt for smaller or mid-size space, ranging from 20,000 square feet to 50,000 square feet, will have an abundance of options to choose from, while those sniffing around for spaces larger than 100,000 square feet won’t be as fortunate, Studley predicts. ...

... Leasing activity as a whole was “anemic”, falling by more than 30 percent from 8.5 million square feet in the fourth quarter 2011 to 5.8 million square feet. ...

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