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Title
Soaring Sublease Trend May Lead to Rent Decline.
Abstract
The article reports on the possibility of decreasing rental rates due to the growing sublease trend. A national sublease report published by Grubb & Elliss in September 2008 showed an increase of 18% in the offices available for sublease in the 12 months that ended at midyear 2008. Commercial real estate experts explain that asking rents will decline in the coming months.