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CHICAGO-A survey of about 200 senior level non-profit executives shows that while many examined real estate as a place to cut back spending in the past two years, they also now have a good, but not great, feeling about 2011. CB Richard Ellis’ Nonprofit Practice Group, based here, conducted the survey of operators of both charities and member-based associations.

Many office brokers have said that non-profits, along with education and government tenants, contributed heavily to the first half’s increased activity, though it’s clear that the movement was more of in line with the musical chairs variety. However, leases were signed and owners found tenants, even if it was for less space than before, says Gregg Witt, a CBRE senior vice president, and the Nonprofit practice leader.

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