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San_Jose-Downtown-1 (2) San Jose’s suburb of Santa Clara, a burgeoning tech market, led the nation in absorption during the third quarter.

CHICAGO—The US office market was relatively stable in the third quarter, and in many of the most active cities, the tech sector supplied the fuel, according to a new report from Cushman & Wakefield. Although dozens of markets across the US saw some negative absorption, that was off-set by big gains for top tech cities such as Santa Clara, CA, Brooklyn, Seattle Raleigh/Durham, and San Diego. Each recorded more than one million square feet of positive absorption in the first three quarters of 2017, with Santa Clara reaching nearly 3.4 million.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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