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Old Posted Mar 30, 2008, 1:08 PM
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MayDay MayDay is offline
Member of SSP since 1997
 
Join Date: Jul 2001
Location: Cleveland, Ohio
Posts: 7,168
Overall it's at about 20%, which might make you wonder why there are so many large scale proposals; the key is that Class A office vacancy is around 12% and there are *several* companies looking to expand. Only one existing building in downtown Cleveland can accomodate the floorspace that *one* of those companies need.

Info from:
http://www.grubb-ellis.com/pdf/metro.../cleveland.pdf
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