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JLL predicts increasingly landlord-friendly landscape
CHICAGO, March 10, 2014 - “Game on” seems to be the sentiment of buyers aggressively seeking office properties across the skyline markets of the United States. From local High Net Worth Investors (HNWIs) to international sovereign wealth funds (SWFs), the competition is fierce for those planting their own stake in the iconic properties towering over American cities. Intense capital demand is propelling rents among those Trophy skyscrapers, even more so than rising leasing demand, according to JLL’s Spring 2014 U.S. Skyline Review. Bottom line: it’s a good time to be a landlord.
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