Sublease space floods South Bay, but overall market holds steady.

Summary


Special Report: Quarterly Real Estate - Industry Overview

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Extract


Sublease space floods South Bay, but overall market holds steady.

Absorption and vacancy rates remained flat in the South Bay during the third quarter, but brokers continued to worry about the possible effects of continued layoffs in the aerospace industry.

Steve Cramer, a vice president at the Seeley Co. commercial brokerage firm, sa...

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