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Office vacancy rates expected to grow through 2009

Colorado’s Grubb & Ellis commercial real estate and investment brokers predict a gradual quarter-by-quarter office vacancy rate increase through the rest of the year. Senior economist Bob Bach said lease rates will continue their downward slide, increasing 17.6 percent for second quarter. As a result, some tenants who are able to do so will take… Continue Reading Office vacancy rates expected to grow through 2009