Virginia Office Rentals Weaken

Summary


The Northern Virginia office rental market, which seemed impervious to downturns only a few months ago, is showing signs of weakness.

"Based on our preliminary year-end data, it's true," said Sandy Paul, national research director for Delta Associates, an Alexandria commercial real estate information firm. "It has been slowing down."

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Extract


Virginia Office Rentals Weaken

Northern Virginia office vacancy rates have risen to 9.1 percent as 2006 comes to a close, compared with 8.9 percent a year ago, Delta Associates...

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