Does ‘big-box’ leasing sometimes create statistical anomalies?

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10-21-15_ImpactSeriesJLL’s Les Boudwin coined the term ‘surge-demand’ when Amazon took occupancy of a 1.0-million-square-foot facility in Dupont, WA in the fall of 2013. Buildings of this size are rare in greater Seattle, and this one deal comprised nearly a quarter of the market’s net absorption that year.
Recent Amazon move-ins in Baltimore and Tampa Bay also elevated local absorption totals. If one were just looking at statistics to gauge market activity, then “deal velocity” would be overstated-a trend that JLL explores in its latest Impact Series.

Tweet this: Which is better: Ten 100K SF leases or one 10.0M SF+ deal? Find out in #JLL‘s latest ‘Impact’ paper bit.ly/1LoBAHG @JLL

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