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IRVINE, CA-The US office market is taking a very strong position among the Americas, and recovery is expected to increase through 2015, according to research executives at Cushman & Wakefield, who recently held a global office forecast webinar here. The US office market is in the acceleration phase of the real estate cycle, and it has plenty of company, the firm reports.

“The global economy is in much better shape now than it was at the beginning of the year,” said Ken McCarthy, chief economist for C&W. At that time, fiscal-cliff issues had not been resolved, the Eurozone was in recession, and China and Asia-Pacific were experiencing a slowdown. “We entered 2013 with a lot of uncertainty, but we’re exiting in much better shape.”

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