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Real Estate
 Lynn Porter Real Estate Editor |
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July 16, 2009
Real Estate Buzz: GVA sees 20% office vacancy in 2010
By LYNN PORTER
Real Estate Editor
Real Estate Editor
Downtown Seattle's office vacancy could approach 20 percent by the middle of next year, with vacancy in Class A space rising even higher because of tenant downsizing and lots of speculative space coming on line, according to GVA Kidder Mathews' mid-year office report.
“That market's going to see a spike higher,” said Richard Briscoe, a GVA vice president who prepared the report.
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Previous columns:
- Real Estate Buzz: Site sold at a loss — and sellers feel lucky, 06-18-2009
- Real Estate Buzz: 'Shadow market' leaves apartments vacant, 06-04-2009
- Real Estate Buzz: Will warm and fuzzy sell apartments?, 05-21-2009
- Real Estate Buzz: One project, 10 lenders. You do the math, 05-07-2009
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