For landlords looking to fill vacant office space, it’s still rough out there. But according to most leasing professionals who participated in Real Estate Forum’s 2011 Broker-Tenant Survey, things are looking up—albeit very gradually. By and large, brokers (36.2%) reported that class A vacancy in their markets over the past 12 months has decreased somewhat. Some 26.9% report that it has remained the same, while 27.7% have seen somewhat of a rise. The rest of those polled were split evenly between significant gains and losses. When it comes to overall vacancy, however, a larger bulk saw rates go up somewhat (34.1%) or hold the line (31%). A Southeast-based senior vice president at a full-service commercial real estate services firm reported that vacancy in his/her market was down a bit in the fourth quarter of 2010 and first-quarter 2011 but revived in Q2. And quite a few brokers noted that while leasing of class A space has been strong, class B and C continue to struggle...
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