CHICAGO—The US office market slowed down in the first quarter,partly because activity in the tech sector, which has recentlyfueled much of the market's growth, wasuncharacteristically slow. Overall, the market recorded just 3.7million square feet of positive absorption, according toa report on the first quarter by Chicago-basedJLL.
Another factor that had tenants throughout the nation tappingthe brakes a bit was the drive to shrink office footprints by usingspace more efficiently.
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