Historically low vacancies contribute to office squeeze.
Los Angeles Business Journal › July 24, 2006
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Summary
REAL ESTATE QUARTERLY--Downtown and Westside - Conversion of office buildings to residences
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Historically low vacancies contribute to office squeeze.
THE downtown housing boom is revealing itself in the latest vacancy rates. Vacancies are approaching a level not seen in 16 years, according to research from Grubb & Ellis Co. Second-quarter figures were at 14 percent, down from 15 percent in the first quarter and 15.9 percen...
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