• Tenants: Make moves over the next 12 months in order to capitalize on the current tenant market, before the pendulum begins to swing back towards ownership in 2005.
• Developers: Look for build-to-suit opportunities and renovation projects at good locations.
• Institutional investors: Pursue well-leased Class-A building with near-term stable rent rolls in strong submarkets.
• Corporate real estate owners: Strategically shop for and plan for new facilities. Also, consider sale/lease-back deals.
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