It dropped by 2,000 sf to 2.939 million sf from 2.941 million sf, according to the sublease report compiled by Mike Buls of Buls/Hodge Consulting. The available sublease space was just more than one million sf in February when Buls began tracking it.
Buls, however, isn't reading too much, if anything, into the decrease. "I just think it's a slowing down, temporarily," he tells GlobeSt.com. "All it is, is just a rest spot. It's no clear indication we've stabilized at all."
He warns there's still a lot of potential sublease space hanging over the market. Dell Computer Corp. has 182,000 sf and Solectron Corp. has 240,000 sf.
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