Vacancy rates in seven downtown office markets
      
      ATLANTA
              1991    1994    1995
              21.4%   22.6%   17.3%
      Strong job creation is spurring developers to build without pre-leasing space.
      
      BOSTON
              1991    1994    1995
              17.3%   13.4%   11.1%
      Landlord concessions to office tenants are dwindling as rental rates rise.
      
      CHICAGO
              1991    1994    1995
              22.8%   19.5%   17.8%
      Suburban office markets are strengthening faster than downtown Chicago.
      
      DALLAS
              1991    1994    1995
              29.6%   33.5%   37.2%
      Massive overbuilding and quality of life issues plague the downtown area.
      
      DENVER
              1991    1994    1995
              21.1%   16.4%   15%
      Fast-improving region is benefiting from migration out of California.
      
      LOS ANGELES
              1991    1994    1995
              22.6%   24.7%   23%
      Downtown LA remains in the dumps, but some submarkets are improving.
      
      NEW YORK
              1991    1994    1995
              17.2%   15.1%   13.1%
      Big blocks of prime office space are hard to find.
      
      DATA: BW, CUSHMAN & WAKEFIELD INC.
      
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