OVERVIEW

USA Office Space = Steadily Getting Denser / More Efficient Occupied Office Space per Employee – Square Feet 250 SA 195 U 200 180 ee, y o l 150 Emp r e p e 100 tag o o F e ar 50 u Sq 0 1990 1995 2000 2005 2010 2015 2017 Source: CoStart Portfolio strategy Analysis of USA Leased office space & USA Employment Figures (2017). 121

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