Quick question...
Let's say over a 5 year time the vacancy rate for office space in a given market has remained stead at say 10%. Would this result in the absorption rate and amount of new supply canceling each other out?
Appreciate all input!
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It's also possible that supply was removed from the market, i.e. demo'd.
True.. Or if a large company new to the market were to move in and take up a bunch of office space, although new supply were to remain the same?
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