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LOS ANGELES-Most of the Sunbelt geographies have already hit their cyclical lows and are likely to surpass national growth rates during the next six to 12 months, according to an office report issued by Jones Lang LaSalle. Currently, nearly all Sunbelt markets posted substantial upticks in office occupancy, experienced declines in vacancy and moved closer to seeing office rents and concession levels hit bottom. But in 2011, occupancy gains in these beaten down housing economies totaled nearly 6 million square feet and provided evidence that, as we move forward in 2012, most of these geographies will start to outpace the national recovery, the report says. This resurgence is due to strengthening employment, migration and housing-market shifts, with absorption rates in the 1.5% to 2% range across most of the Sunbelt geographies.

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