The first quarter of 2012 is behind us and activity in the office market continues to pick up.  Attached are a couple of reports prepared by CBRE research experts that I want to share. 

The first is our National Office Viewpoint with trends in the major markets.  I am seeing exactly the same findings in Jacksonville.

The other report is our 1st Quarter Marketview for Jacksonville.  We had 29,332 square feet of negative absorption, but the numbers don’t reflect a couple of deals that were recently completed and will certainly change the negative to a positive when they start occupying their expansion space. 

Jacksonville Office Marketview (1Q12)

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