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2019 Q2 Office Cleveland Report Colliers

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The Cleveland office market recorded virtually no change in occupancy during the first two quarters of 2019, leading to the slow and steady description. The second quarter’s net absorption was slightly negative at -31,031 square feet bringing the year to date total to -35,208 square feet. This small loss resulted in a 10-basis-point (bps) increase in overall market vacancy to 13.3%.

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2019 Q2 Office Cleveland Report Colliers

Download Report