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Small-capitalization office properties vastly outperformed their large-cap brethren during the first quarter in terms of negative net absorption. Buildings with 50,000 square feet or less suffered nearly 5 million sf of negative absorption during the first quarter, according to Boxwood Means LLC. That, however, is much better than the 32.2 million sf of negative absorption that large properties suffered during the period.
The post Small-Cap Office Properties See Negative Absorption in 1Q, Still Outperform Large Properties appeared first on Commercial Real Estate Direct.
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