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Stability and sustained demand continued in the third quarter as commercial real estate fundamentals further tightened after a third quarter of improved performance. The third quarter marked the sixth consecutive period of positive absorption, while sublease availability remained unchanged at 1.4 percent nationally. With new supply announcements coming in at least five of the nine major markets across the country, rental rate growth and ultimately landlord-favorable conditions will prevail through the next 12 to 24 months.
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