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Wednesday’s Wall Street Journal ran a story about the downsizing of government agencies and its effect on office occupancy. In public-sector boomtown Washington, DC, for example, the Securities and Exchange Commission recently shrank its requirement for new space to about 300,000 square feet from a planned 900,000 square feet after funding to hire more employees fell through. “We’re starting to see the impact of a very, very difficult fiscal situation in the government trickling down to decisions being made for leasing,” Don Miller, CEO of Piedmont Office Realty Trust, told the newspaper.

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