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What is the net absorption

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Suppose that the total vacant space in St. Louis MSA office market was 200,000 square feet at the end of year 2018. On December 31, 2019, the vacancy space in the MSA market was 150,000 square feet. Meanwhile, 100,000 square feet new office space was constructed during the year of 2019. What is the net absorption (in square feet) in St. Louis office market in 2019?

Reference no: EM132788334

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