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Andrea Cross of CBRE “We’d really need to see an increase in the labor force participation rate in order to see a significant boost in hiring,” Cross tells GlobeSt.com.

LOS ANGELES—Look for office fundamentals to continue improving nationally in 2018, albeit at a slower pace than the industry has seen since 2012. CBRE Group attributes the deceleration to both an increase in completions and a decrease in the number of office-using jobs that are expected to be created this year: about 212,000, or slightly more than half the annual average of 423,000 seen between 2010 and 2016.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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