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2010 – TENANTS WILL REMAIN FIRMLY IN CONTROL
Because more firms plan to layoff workers than hire workers tenants will remain firmly in control in the Chicago office market.
Employment drives office space consumption, period. Without jobs creation there is no demand for office space. Lack of demand for office space will leave the glut of sublease space on the market to languish and continue to force building owners to complete directly with this deeply discounted space.