Steady vacancy ---> absorption & new supply cancel out????
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!
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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