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The services sector employment report is relevant to the office sector and office REITs commonly reference it in the information materials management prepares for investors.
The services sector employment report is relevant to the office sector and office REITs commonly reference it in the information materials management prepares for investors. We saw this when we looked at the investor presentation by SL Green in class. As a rule of thumb, office workers require square feet per person. If the employment report predicts an increase of jobs, how much office space demand should that create?
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