And it looks like the region will continue to hold its position at the top. "I think we're nearing the bottom of the market," Advantis director of research and senior financial analyst David Masters tells GlobeSt.com. "Rents and vacancies are starting to stabilize." The stabilization is partially due to a decrease in construction. New deliveries in the region will amount to about six million sf for 2003, and 4.6 million sf for 2004. "I see more deals, larger deals, going forward," Masters notes.
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