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CHICAGO-Law firms, the gorilla-size user of the classiest space in any large market, will be facing a space crunch in the next two years, according to a new Jones Lang LaSalle study. Thanks to a drop-off in development, big-block availability will likely dwindle in core markets by 2012, either spurring new office properties (blasphemy, up until this quarter) or sparking massive renovation and retrofits of the nicer class B and C buildings, according to JLL’s Global Law Firm Office Perspective report.


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