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Office Highlights

United States | Palm Beach, FL

Report | West Palm Beach Office Highlights - Q1 2011

Summary

Stalled decisions kept Palm Beach County’s market conditions flat in the first quarter.
• Tenants continue to delay making decisions on new lease commitments, yet a tremendous increase in tour activity was realized across the board.
• Owners are reluctant to sign leases that could hinder their ability to restructure financing.
• In the suburbs, continued expansion from Boca Raton-based technology and health care companies have helped to mitigate absorption losses.

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