WSJ, by Peter Grant

The U.S. office market in 2017 experienced a slowdown in tenant expansions while supply growth stayed at about the same level as in 2016, according to a new report.

Tenants at the end of 2017 occupied 21 million square feet more office space than they did at the beginning of the year. This level of “net absorption” was the lowest since 2012 and was down from 29 million square feet in 2016, said data firm Reis Inc., which tracks office markets in 79 metropolitan areas.

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